Compulsory purchase of printing company Newsfax re: Olympics

16 May 2006

Newsfax which prints the Guardian, The Sun, The Observer, News of the World, FT, Morning Star amongst  many others, has its main site at the Lower  Lea Valley in East London. It is to be compulsorily moved to a new site under the London Olympics plan.

 
Amid fears that that the Olympic Strategy partners and the London Development Agency might favour extinguishing the company (with the loss of 350 highly-skilled jobs) instead of an expensive move, and with a looming deadline for ordering printing presses in time for such a move, Newsfax turned to Amicus and its Parliamentary Group to conduct some serious lobbying of the Olympic decision makers.
 
The Parliamentary Group wrote to the LDA and London Assembly members requesting meetings. It also enlisted support from the Parliamentary All Party Print Group.
 
The support of the Amicus Parliamentary Group en masse seemed to tip the balance and a decision was taken by the London Development Agency to provide Newsfax firstly with a site that they were happy with and secondly provide the commitment the company needed for compensation before it could order new printing presses.
 
Newsfax is now staying very open and moving to site it is happy with in April 2007 with all 350 jobs saved.
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