The Guardians ownership structure means any financial gains go into journalism rather than shareholders pockets, a priority that continues, says Liz Forgan, as she welcomes a new Scott Trust chair. The Scott Trust oversees Guardian Media Group, which owns the Guardian, the Observer and other assets. The result is an exceptional, if not unique, form of governance for a news publisher. Further productions include Our Boy; Glasgow Kiss; Sex, Chips and Rock 'n' Roll; Baby Its You; Neanderthal; Body Story; Smallpox 2002; The Edwardian Country House, and Frontier House. Since the death of George Floyd in Minneapolis in May, the Guardian and the Observer have published powerful journalism on the Black Lives Matter movement, in the US, UK, Australia and around the world. He will take over from Dame Liz Forgan later . Curabitur venenatis, nisl in bib endum commodo, sapien justo cursus urna. In order to secure the Guardians financial and editorial independence in perpetuity, however, its essential that our journalism is matched by an efficient and profitable company that takes a long view of how to deploy resources for instance, in managing the difficult transition from the print marketplace to the turmoil of the digital world. Likewise, Airbnb has regularly come under criticism from the BDS Movement for listing properties in the occupied territories. Unleashing Your Leadership Potential One Skill at a Time the Scott Trust commissioned an academic review, Guardian owner apologises for founders links to transatlantic slavery, 3. Nicknamed Radical Dick, Richard was the son of farmer and draper, John Potter. [1], Wall to Wall has been voted one of the top seven independent producers in the world by the trade magazine, Real Screen and has won numerous awards including, BAFTAs; Emmys; Royal Television Society and Peabody Awards and in 2009 won an Oscar for its first documentary feature, Man on Wire. From about 1805 he was a partner in Boddington, Sharp and Philips, which owned the Success estate in Hanover, Jamaica. A Unitarian attorney and son-in-law of Robert Philips. rom the moment I arrived at the Guardian as a young writer, I knew I was joining a special place of open, independent, courageous journalism, free of political or commercial masters. The full academic findings are available to download and read from the University of Hulls Wilberforce Institute for the Study of Slavery and Emancipation. Other board members include the current editor-in-chief . The Scott Trust is the sole shareholder of the Guardian Media Group, which publishes theguardian.com, and the Guardian and the Observer newspapers. Though the Guardian generally opposed slavery in the Caribbean and South America, when slavery was abolished in Britain in 1833 it supported the award of huge sums of compensation to enslavers. (modern), Subeditors at work in the Guardians Manchester editorial office in 1960, a year after the citys name was dropped from the newspapers masthead. Read the Guardians editorial series Cotton Capital. Seattle . We are at the start of an exciting new chapter in which some of our most committed readers become Members and move into a closer than ever relationship with the Guardian, its values and its journalism, crucially helping to fund us so that the Guardians future is more secure. Graham is a director of the Hampstead Theatre, trustee of the arts charity the Creative Society and chair of the Sheffield Documentary festival. In light of this, the trustees have decided that pursuance of the core purpose is best served by transferring ownership of the shares they currently hold in GMG to a newly formed, permanent limited company, The Scott Trust Limited. The newspaper gained an international reputation under long-serving editor and owner CP Scott. This work is licensed under aCreative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. The best place to start is always at the top and what we find at the top of The Guardian is particularly revealing. It is also recognised around the world as the ultimate statement of values for a free press. the values and principles of the Trust should be upheld throughout the Group. The new Scott Trust chair will be overseen by a committee of the Scott Trusts independent directors, led by the historian, writer and broadcaster David Olusoga. Neil Berkett as we mentioned was formerly of Virgin Media. As well as espousing the causes of civil and religious liberty and reform, his founding prospectus stated that the founders commercial connexions and knowledge would allow the paper to report with accuracy and effect, the condition of Trade and its prospects, particularly as far as regards that most important branch the Cotton Manufacture. Accounts and invoice books from the period show that between 1817 and 1824, Shuttleworth, Taylor & Co received 2,300 1s 4d equivalent to 215,000 in 2021 terms, applying the commonly used relative price worth (RPW) formula from the Strutts, stalwarts of the cotton industry in England, for whom Shuttleworth, Taylor & Co were likely cotton brokers. In 1835, Philips unsuccessfully attempted to claim compensation from the British government for 108 enslaved people on the estate, though his business partner made a successful claim. For a newspaper that espouses liberal values and is so quick to virtue signal, it is overwhelmingly rich, overwhelmingly middle class and overwhelmingly white. "But . The trust has important responsibilities it appoints the editor-in-chief and the chair of the GMG board, and has the right to see and know anything about the business but its impact is more subtle and harder to pin down. The Trust was reconstituted in 1948 and 2008 it was replaced with The Scott Trust Limited, a limited company with the same protections for the Guardian enshrined in its constitution. It is made up of those who have come from other major corporations such as the chair Neil Berkett who is formerly of Virgin Media and it is made up of those that are either members of the 1% or represent the interests of the 1%. It is right therefore that we look at our own, too. The values he described are: honesty; cleanness (today interpreted as integrity); courage; fairness; and a sense of duty to the reader and the community. The wealth created in Manchester, primarily by cotton as well as sugar and other commodities, led to a boom in several other industries. Our general counsel Stephen Godsell will be liaising with the Nottingham team on behalf of the trust and the Guardian. The past 13 years have been an extraordinary period in the life of the Guardian. I am delighted to be handing on this precious responsibility to him and I wish him and the trust every success. This gives the insidious appearance that Hamas fired first and that Israel can, therefore, be justified in response. as well as the Oscar-winning documentary Man On Wire. 4.1 Developing a programme of restorative justice. Some of the annual total compensation figures that we have from Bloomberg across their interests include 1,018,000 for Coram Williams, 706,000for David Pemsel, 434,000 for Richard Kerr, 372,000 for editor Katherine Viner and 50,000 for Gail Rebuck. Tue 28 Mar 2023 10.02 EDT Last modified on Tue 28 Mar 2023 10.03 EDT Research published today shows that much of the wealth of the Guardian's founder and his backers was connected to transatlantic. The much-quoted article is still used to explain the values of the present-day newspaper, Trust and Group. While losses obviously need analysis, describing Labours losses as heavy in the face of the Tories losing 1333 seats was clearly absurd. We have seen no evidence that Taylor was a slave owner, nor involved in any direct way in the slave trade. We have never sought to shy away from the Guardians history. The fact that Taylor and most of the other founders, unlike Philips, did not themselves directly enslave people does not detract from the significance of their links to slavery. Im particularly proud of the fact that during my time as chair, we have been able to turn round the Guardians financial performance while continuing to produce world-beating journalism. "Our clients have witnessed nearly a decade of litigation and it's been hard. Teamworks; Culture Transformation; Wellness; Protege; Employee Engagement; Professional Development . The Guardian has no proprietor in the normal sense of the word. Oborne also revealed just how important online traffic had become to media outlets, being less interested in the factual accuracy of journalism and more interested in exactly how many shares it would receive on social media. John was manager and Edward (Ted) took over as editor. Original reporting and incisive analysis, direct from the Guardian every morning, 2023 Guardian News & Media Limited or its affiliated companies. These connections are as relevant to the Guardians origin story as the 1819 Peterloo massacre, and they pose a fundamental question for us: what does it mean to be a progressive organisation that was born out of the profits of human bondage? The trust plans to allocate substantial funding to the chosen projects and partnerships, and to appoint a dedicated programme director to oversee this work. Write by: . The Scott Trust is the sole shareholder in Guardian Media Group and its profits are reinvested in journalism and do not benefit a proprietor or shareholders. The flexibility of the trust deed has allowed us to change everything, from the name of the paper (the Manchester Guardian became the Guardian in 1959) to the medium in which we publish (print on paper to electronic words and moving pictures); from the basic business model (a single UK newspaper to a global media business) to the definition of a journalist, which now embraces the two-way relationship of a digital news operation. We look forward to engaging in dialogue, particularly with descendant communities, in the UK, the US and Jamaica, and with our readers and our staff, to carry out this important work. While no partisan Murdoch style press baron is pushing the buttons and pulling strings, The Guardian is perhaps just as beholden to corporatism and the interests of capital as the next newspaper, regularly espousing the neoliberal party line rather the actual views of its left-wing readership. Pullein was associated with transatlantic slavery as a calico printer and was director and trustee of the Manchester Fire and Life Assurance Company for many years. The trust never distributes a dividend but ploughs back profits into the business. When I submitted it for publication on theTelegraphwebsite, I was at first told there would be no problem. He is also a member of the board of the Sheffield International Documentary Festival and a former Chairman of Producers' Alliance for Cinema and Television (PACT), now a member of its Patrons' Group. We are committed to developing and delivering on these proposals in partnership and consultation with affected communities around the world. The Guardian This article is more than 10 years old Emily Bell and Alex Graham appointed Scott Trust non-executive directors Guardian News & Media's former digital director and TV producer join. The progress of this work has been overseen by a committee of Scott Trust members: David Olusoga; Matthew Ryder; the Guardians editor-in-chief, Katharine Viner; and the Scott Trust chair, Ole Jacob Sunde. historical links with slavery, the Scott Trust, the owner of the Guardian, commissioned an expert academic review to look into the Manchester Guardian's founders. Alex Graham, then chair of the Trust, wrote to Guardian News & Media staff in July 2020, saying: All organisations must understand and discuss their histories, and it is The Guardian likewise has aimed to generate revenue from the American audience with then Guardian CEO Andrew Miller saying in 2013 that the goal was to increase the commercial opportunity of our readership.. Continue to fund research, through a three-year partnership with the Wilberforce Institute at the University of Hull. Bear Sterns, Alfred McAlpine, Virgin Megastores, Merrill Lynch. We hope this project can contribute to the broader continuing discussion on these issues. That investigation is now complete, and here we present the findings, along with the trusts response. the Scott Trust, Alex Graham The Scott Trust Endowment Fund and our other investment assets are central to securing the long-term future of the Guardian. . Its legacy is a major factor in the racial, economic and social inequalities faced today by Black people across the globe. But these are particularly challenging times for all those in the media industry, and there are increasing pressures on the other sources of income, such as advertising, upon which the Guardian has traditionally relied. There are few working-class voices at the top of the Guardian, there are few BAME members. As a partner in the firm Boddington, Sharp and Philips, he enslaved more than 100 people on a sugar plantation named Success in Hanover, Jamaica. In fact, there is evidence that the demands of advertisers have done just that. A well-connected member of elite Manchester society. We can also use our reach, our resources and our influence to accelerate and improve the diversity of the media and the stories that are told. The Scott Trust is the sole shareholder of Guardian Media Group, which owns the Guardian, the Observer and other assets. There is still much to learn about Britains long-lasting involvement in slavery and its legacy, and expert research is still uncovering new information. I am shortly stepping down, and will be replaced by Alex Graham, who brings experience of both newspaper and television journalism together with outstanding national and international success as an independent television producer. All rights reserved. phlash phelps city of the day today. For example, Sir Anthony Salz served as the Head of Independent Review of Business Practices at Barclays, he is Executive Vice Chairman at Rothschild and worked on the merger between Rupert Murdochs Sky and British Satellite Broadcasting. The newspaper has also tried its best to hide this fact. (More likely he had shares in the Guardian Fire Office, possibly an insurance company.). The Trust declares a subsidiary interest in promoting the causes of freedom in the press and liberal journalism, both in Britain and elsewhere. And I knew that the reason the Guardian was not like any other newspaper was largely because of the Scott Trust, its sole owner. But perhaps one of the more overlooked and important disestablishments was the Scott Trust. On 22 SeptemberTelegraph online ran a storyabout a woman with three breasts. The Guardian has also regularly merged the distinction between what is sponsored advertising and journalism, publishing a variety of articles that have been presented as news or articles when they are paid advertising. Biography [ edit] Born in Glasgow, Scotland, Alexander Graham was educated at the former Hamilton Academy school and the University of Glasgow, subsequently attaining in 1978 a Diploma in Journalism from City University London. and New Tricks. He has been a Scott trustee for four years and his pro bono work in the industry and support for an aid charity fit perfectly with Guardian values. In keeping with a theme that ran throughout much of the press, Labours loss of 82 seats at the local elections was considered heavy losses. The cousin of Sir George Philips, whose connections with slavery spanned partnerships in Philips, Wood & Co (a hat-making firm with strong links to enslaved labour in Brazil), Shuttleworth, Taylor & Co, and familial relations with the Hibbert and Yates families, who were both enslavers. Vivian Schiller is formerly of CNN, NBC and the NYTimes, Emily Bell is a Professor and Director of the Tow Center for Digital Journalism at the Columbia University Graduate School of Journalism in New York. From the moment I arrived at the Guardian as a young writer, I knew I was joining a special place of open, independent, courageous journalism, free of political or commercial masters. . He will take over from Dame Liz Forgan. The change was made in view of the hypothetical risk of future changes in inheritance tax law that could, in theory, threaten the Guardians independence. 2.2 Other individuals who funded the Guardian. The ultimate owner of the Guardian is The Scott Trust, which was originally created as a trust in 1936 to safeguard the titles journalistic freedom. Otele has reviewed the academic findings and made significant contributions to the trusts discussions on restorative justice. In 2016 the newspaper began to label sponsored content as paid content and appears to have removed all the old references to sponsored content while doing so. In this civil-war era US cartoon, John Bull, the emblem of British liberty with a paper labelled Manchester in his pocket kneels on the body of a slave before a large, crowned bale of cotton. Of all digital news outlets, HSBC ploughed the most funding into The Guardian. 3 There have previously been claims that Samuel Greg, a prominent Manchester mill owner and enslaver with multiple links to the cotton trade, had taken out shares in the newly formed Manchester Guardian. The last time a party lost more councillors was in 1995 when John Major lost over two thousand. British businesses, institutions and wealthy families and individuals continued to benefit from slavery in the rest of the world for many decades thereafter. Manchesters economy, and Britains more generally, were deeply entwined with slavery in this period, and the Manchester Guardian often aligned with these powerful economic interests. Or perhaps its just a nice slogan to sell to the dreamers, a slogan that they came up with in a marketing meeting one day. When it was not published I made enquiries. I look forward to supporting the Guardian as a reader and subscriber for many years to come.. The names of these 11 individuals were Edward Baxter, William Duckworth, Sir George Philips, Robert Philips, Richard Potter, Sir Thomas Potter, Samuel Pullein, Thomas BW Sanderson, George William Wood, Thomas Johnson and Thomas Wilkins. As the owner of a global news organisation that reaches hundreds of millions of people, we believe we can play a role in advancing a better understanding of Britains history and the legacies of its long involvement with slavery and the wealth and inequality that was generated. 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The Scott Trust was originally created in 1936 to secure the financial and editorial independence of the Guardian in perpetuity and to safeguard the journalistic freedom and liberal values of the Guardian free from commercial or political interference. THE SCOTT TRUST LIMITED (06706464) Company status Active Correspondence address Kings Place, 90 York Way, London, United Kingdom, N1P 2AP . Spreading the debunked antisemitism conspiracy theory yet further, Jonathan Freedland firmly nailed the Guardians colours to the mast by backing a The Scott Trust, the non-profit body that controls GMG, is looking for a successor to Alex Graham, the television producer, who stood down in March. Following the fall of Bristols Edward Colston statue, we have examined many organisations histories and called them to account for their connections to slavery and other past injustices. The selection process began earlier this summer following the former editor-in-chief Alan Rusbridgers decision in May not to take up the post. "Social justice, "woke" culture, social media, gender dynamics, and insouciance intersect in this pandemic-inspired graphic novel about the repercussions of making mistakes." 400 pg tragicomedy cartoon Available from. Perhaps, at the end of it all, it really is just all about advertising. Over the next decade we expect to invest more than 10m, with millions dedicated specifically to a restorative justice fund supporting descendant communities in the Sea Islands and Jamaica. Its core goal is to secure and preserve the financial position and editorial independence of the Guardian in perpetuity. If, however, we look more closely at the historical trend of militaristic adventures, it becomes frighteningly clear that they show an ever greater intensification and an ever-increasing scale, from local confrontations to []. Forgan said: I have been truly honoured to serve as chair since 2003. not so. Over the next decade, the trust intends to: Fund an increase in the scope and ambition of Guardian reporting on the Caribbean, South America and Africa, and on Black communities in the UK and US. The Manchester Guardian was founded in the liberal interest to support reform in the early 19th century. Our goals are to: address our founders links to slavery in the US, and Sir George Philips role as an enslaver of people in Jamaica, through significant partnerships and programmes developed with local and national communities and organisations. Alexander GRAHAM. How many of the upper echelons of the newspaper understand the needs of those who require universal credit or even food banks? Graham, who has sat on the trust since 2012, was chosen from a list of nominees assembled by a committee headed by the former Observer editor Will Hutton. One of the Scott Trust's most crucial functions is to appoint the editor of the Guardian, as well as that of the Observer. I was fobbed off with excuses, then told there was a legal problem. He was linked to transatlantic slavery as a partner in Philips, Wood & Co and Shuttleworth, Taylor & Co. Twice president of the Manchester Chamber of Commerce and an MP, and considered to be a leading merchant in Manchester, Wood is emblematic of the interconnectedness between Manchester cotton merchants and the citys elite social, political and cultural community. A relative of the Philips family, Wood was considered a leading merchant in Manchester. (modern). One despairing executive told me that it was known this was false even before the story was published. Yet Labour was the talking point. The Company which the Trust owns should: be managed to ensure profits are available to further the central objective; not invest in activities which conflict with the values and principles of the Trust. They currently hold over $1 billion in shares in companies that provide equipment to the Israeli military. The Scott Trust was originally created in 1936 to secure the financial and editorial independence of the Guardian in perpetuity and to safeguard the journalistic freedom and liberal values of. But the double blessing was that they did it with only the lightest of instructions as to how the money should be spent and only the example of CP Scott, one of the greatest editors in the history of journalism born 170 years ago this week to guide its trustees. While perhaps ethically questionable, theres no reason that the concerns of advertisers should change the editorial policy of The Guardian, is there? Alex Graham appointed as seventh chair of the Scott Trust, Guardian's financial editor appointed staff representative on Scott Trust, Preserving the Guardian's history - in pictures, TheGuardian: seeking truth, not approval, Ato Z of the Guardian News and Media Archive - in pictures. Guardian Becoming the trust's sixth chair in 1998 was an extraordinary honour and one I shall cherish always. His five-year term is due to end this autumn, but he has decided to step down a few months early to allow his successor to play a full role in the appointment of the next chair of the Guardian Media Group board, who will be expected to join the board in spring 2022 when current GMG board chair Neil Berkett steps down. As is documented in the research we are publishing, the Manchester Guardians founder and first editor, John Edward Taylor, had significant commercial interests in Manchesters fast-growing cotton and textiles industry and related trades, as did all the financial backers for whom detailed histories are available. The work will be carried out independently by the University of Nottinghams Institute for the Study of Slavery, which is led by Dr. Sheryllynne Haggerty, a renowned expert in the history of the transatlantic slave trade and the economy of the British Empire. The industrialisation of cotton relied on the production of raw materials by enslaved workers across the Americas, and Manchesters 19th-century nickname, Cottonopolis, illustrates the intertwined nature of the citys identity with its trademark commodity. or bookstores near you. Main Menu. It is clear from this array of commercial interests that Taylor had multiple links to transatlantic slavery. The trust ensures that the priority for the whole business is the journalism. It is incumbent on all of us to examine our histories, understand the injustices which have disadvantaged some and benefited others - and then act, in the present day, in ways which actively encourage progress, not hold it back. Can they really understand the interests of the ordinary person in the street any more than the likes of The Times or Telegraph? Jul 4, 2022. HSBC has long been criticised for flagrant criminality including money laundering. Create a substantial restorative justice fund to support community projects and programmes in the south-eastern US Gullah Geechee region, and in Jamaica over the next 10 years. The third phase of research focused in part on identifying links with plantations in the south-eastern US and Jamaica, and attempting to identify some of the enslaved people connected to Taylor and his funders. All rights reserved. Again, no information seems to have been provided as to who was sponsoring the articles or in what form, yet the article contained quotes from officials representing Pfizer, AstraZeneca, GSK, and the Association of the British Pharmaceutical Industry. Chattel slavery created intergenerational wealth and political power not only in the American south and the British West Indies but also in many other parts of the world. The current chair of the Scott Trust Board is Alex Graham, who replaced Liz Forgan in 2016. A supplementary research report, completed in September 2022, found no evidence that Greg was a funder or shareholder in the Manchester Guardian. All rights reserved. In 2007, the company was sold to rival independent producers Shed Media, which in turn sold a majority stake to Time Warner in 2010. The trust has a sizeable investment portfolio which it uses partly to support the journalism year on year and partly to invest in long-term structural change to keep up with digital transformation. Alex Graham, the new chair of the Scott Trust. Views can be shared with us by writing to legacies@theguardian.com. 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