Independent and Mail Newspapers leverage Shared Services

29 November 2008:

Independent News & Media's (INM) two London-based titles will move to Northcliffe House at the end of January.

The deal means that Independent journalists will be sharing the building with Associated titles including the Daily Mail, Mail on Sunday, London Evening Standard, Metro and London Lite. Under the agreement INM's titles will have dedicated office space and "share some back office services" including security, IT services, switchboard and payroll.

However, the two newspaper groups' editorial, management and commercial operations will remain separate. Yesterday's announcement comes a week after it was revealed that it would be cutting 90 jobs from the Independent titles - including 60 journalists, more than 25% of the company's 230 London-based editorial staff. The redundancies are due to be completed by the end of January.

INM said that the new shared services agreement with Associated Newspapers would deliver "additional savings".