Tribune magazine to close

Democratic socialist magazine to cease publication after 75 years, leaving website feed behind.

It's with great sadness that the New Statesman has learned of the imminent closure of Tribune, the left-wing weekly founded in 1937.

During its early years, Tribune campaigned for a second front against Hitler's Germany, hired George Orwell as literary editor and deemed itself "the official weekly of the Campaign for Nuclear Disarmament".

It will leave behind an unstaffed website with "automated feeds" coming from other left-of-centre publications. A statement to be published in the magazine later this week says:

Tribune is to cease publication in its 75th year. Unless arrangements can be found for new ownership or funding within days the last edition will be next week, 4 November. The decision has been made by Tribune Publications 2009 Ltd after a substantial cash injection failed to raise subscriptions and income to target levels.

The Company intends to maintain a Tribune website, which will carry automated feeds from other left of centre sources and will require no staff. All six full-time and part-time staff are to be made redundant.

Owner Kevin McGrath has indicated to staff that if they wish to continue to run Tribune as a co-operative he is prepared to transfer the Company and the archive of 75 years editions to them free of any historical debt, which he has committed to honouring. In collaboration with senior officials from the National Union of Journalists, the Editor and staff are exploring the possibility of setting up a co-operative to keep the title alive but with a deadline of Friday 28 October, time is regrettably short. Talks are taking placed in advance of a crunch meeting on that date at which new arrangements will be agreed or the Company will be closed. Among the options under review with experts in co-op models of management is an appeal for short-term donations from readers and supporters on the basis that these funds would be converted into capital in a jointly-owned worker-reader co-op, with representation on a new Board. The staff have agreed to continue working in order to get out a final edition and allow some time, short as it is, for an alternative to be found.

Mr McGrath, who rescued the paper after a consortium of trade unions relinquished ownership in March 2009, said: "The newspaper format of Tribune has, in a changing world of electronic communications and economics, become unsustainable. We are, however, determined to keep the Tribune brand alive by moving all publication to its web site and through the continued maintenance of the archive of the paper's 75 years.

"This means that the Company has safeguarded the history of Tribune and will keep the brand alive through the web site which will run on an automated basis feeding off other left of centre political and arts web sites and will offer immediate, up-to-date news coverage. It is a positive and exciting move into the 21st century.

"I would personally like to thank all the staff for their hard work and commitment to Tribune over the years. I'd also like to take this opportunity to thank all our loyal readers for their support and hope they will stay with Tribune at and "

"Since its launch in January 1937 Tribune has been a renowned journal of intellectual, literary journalistic and artistic merit. As a weekly, independent journal of the labour movement it is needed now more than ever."

Alice Gribbin is a Teaching-Writing Fellow at the Iowa Writers' Workshop. She was formerly the editorial assistant at the New Statesman.

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How can Britain become a nation of homeowners?

David Cameron must unlock the spirit of his postwar predecessors to get the housing market back on track. 

In the 1955 election, Anthony Eden described turning Britain into a “property-owning democracy” as his – and by extension, the Conservative Party’s – overarching mission.

60 years later, what’s changed? Then, as now, an Old Etonian sits in Downing Street. Then, as now, Labour are badly riven between left and right, with their last stay in government widely believed – by their activists at least – to have been a disappointment. Then as now, few commentators seriously believe the Tories will be out of power any time soon.

But as for a property-owning democracy? That’s going less well.

When Eden won in 1955, around a third of people owned their own homes. By the time the Conservative government gave way to Harold Wilson in 1964, 42 per cent of households were owner-occupiers.

That kicked off a long period – from the mid-50s right until the fall of the Berlin Wall – in which home ownership increased, before staying roughly flat at 70 per cent of the population from 1991 to 2001.

But over the course of the next decade, for the first time in over a hundred years, the proportion of owner-occupiers went to into reverse. Just 64 percent of households were owner-occupier in 2011. No-one seriously believes that number will have gone anywhere other than down by the time of the next census in 2021. Most troublingly, in London – which, for the most part, gives us a fairly accurate idea of what the demographics of Britain as a whole will be in 30 years’ time – more than half of households are now renters.

What’s gone wrong?

In short, property prices have shot out of reach of increasing numbers of people. The British housing market increasingly gets a failing grade at “Social Contract 101”: could someone, without a backstop of parental or family capital, entering the workforce today, working full-time, seriously hope to retire in 50 years in their own home with their mortgage paid off?

It’s useful to compare and contrast the policy levers of those two Old Etonians, Eden and Cameron. Cameron, so far, has favoured demand-side solutions: Help to Buy and the new Help to Buy ISA.

To take the second, newer of those two policy innovations first: the Help to Buy ISA. Does it work?

Well, if you are a pre-existing saver – you can’t use the Help to Buy ISA for another tax year. And you have to stop putting money into any existing ISAs. So anyone putting a little aside at the moment – not going to feel the benefit of a Help to Buy ISA.

And anyone solely reliant on a Help to Buy ISA – the most you can benefit from, if you are single, it is an extra three grand from the government. This is not going to shift any houses any time soon.

What it is is a bung for the only working-age demographic to have done well out of the Coalition: dual-earner couples with no children earning above average income.

What about Help to Buy itself? At the margins, Help to Buy is helping some people achieve completions – while driving up the big disincentive to home ownership in the shape of prices – and creating sub-prime style risks for the taxpayer in future.

Eden, in contrast, preferred supply-side policies: his government, like every peacetime government from Baldwin until Thatcher’s it was a housebuilding government.

Why are house prices so high? Because there aren’t enough of them. The sector is over-regulated, underprovided, there isn’t enough housing either for social lets or for buyers. And until today’s Conservatives rediscover the spirit of Eden, that is unlikely to change.

I was at a Conservative party fringe (I was on the far left, both in terms of seating and politics).This is what I said, minus the ums, the ahs, and the moment my screensaver kicked in.

Stephen Bush is editor of the Staggers, the New Statesman’s political blog.