The group, which publishes the Daily Mirror, Sunday Mirror, The People, Daily Record and Sunday Mail, as well as 160 local and regional newspapers, has struggled to cope with falling circulations and the transfer of classified advertising to the internet.

BBC: Sly Bailey

In May, the group sacked Richard Wallace and Tina Weaver, the editors of the Daily Mirror and Sunday Mirror respectively, and merged the titles into a seven-day operation.

BBC: Sly Bailey