Known affectionately as The Staggers, left-of-centre weekly the New Statesman has acquired a reputation for "staggering on" as is it were.

The last change of ownership came in April 2008, just before Jason Cowley’s recruitment as editor. Mike Danson’s Progressive Media bought out Geoffrey Robertson MP – a year before it would take over Press Gazette from Wilmington Media.

At the time the NS was losing circulation fast (down 12.7 per cent year on year)after some gains under previous editor John Kampfner. And former Granta and Observer Sport Monthly editor Cowley says it was a similar story online.

"Our web presence has been transformed over the past two years. We no longer consider ourselves to be just a magazine but a rolling daily operation and very actively involved in the political blogosphere."

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