Sunday, March 25, 2007

Shane Ross and Sir Anthony

Another set of annual results from Independent News & Media gets the usual fawning coverage from Shane Ross in today‘s Sunday independent.

Ross likes to portray himself as the scourge of the business community but is routinely the brown-nosed boy when it comes to the interests of Sir Anthony.

In today’s article, Ross lauds the performance of the group’s media interests in South Africa, Australasia and India and tells readers that “this is not vanity expansion”.

However, he makes no mention of the company’s UK interests where the London Independent continues to lose millions each year. Now that’s what you could classify as a “vanity expansion”, unless shareholders consider it a fair price to pay for a knighthood.

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