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(Sorry if the Latin isn't right, but need brooks for no delay.)
Good news for everyone who wishes to see the Tablet resemble John Cleese's parrot: it is haemorrhaging money - thousands of pounds each week according to the latest accounts it has eventually posted.
The bad news is that it still sells (or rather has a circulation of) more than 22,000 copies each week, which seems to mean that it is read by 60,000 people each week. And they have given grants of £60,000 to people to attend courses on "pastoral work".
There were two separate losses: the rag itself was responsible for most of the loss, but "The Tablet Trust"'s investments weren't very productive either. But don't start breaking open the laid up port just yet: the support of Catholics throughout the 20th Century have left the Trust with comfortable reserves.
In related news: only one employee earns between £90K and £100K, and only one earns betweens £80K and £90K.
The accounts are available from the Charity Commission, here.
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3 comments:
I'm not sure that my Latin is exactly perfect (ei qui in aedibus vitreis vivunt saxa iacere non debent or something), but I think it should be "Tabula adhuc non deleta est"!
Many thanks, however, for cheering me up on a dreary Edinburgh day with such good news.
Thanks for this good news. The sooner the Tablet bites the dust the better.
Left-footer wrote: "The sooner the Tablet bites the dust the better."
If only...but how can faithful Catholics advance that day?
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