Overview

• Alison Phillips, editor of the Daily Mirror, has resigned amid sweeping job cuts at the newspaper’s parent company, Reach.
• Reach, which owns several other titles including the Star and Express, has outlined plans to cut around 450 jobs, taking the total number of jobs cut in the last 12 months to almost 800.
• Reach's CEO, Jim Mullen, has stated that the cuts are necessary due to continuing pressures on the business and has not ruled out further staff reductions.
• Phillips's departure has sparked concerns about the future of the Daily Mirror, especially in a crucial year as it prepares for a general election and a potential Labour government.
• Reach's digital revenues fell £21m last year to £127.8m, and the company's market value has slumped from £1.3bn in mid-2021 to just £220m.