The transcripts of the official inquiry into the culture, practices and ethics of the press. More…

-- with the name Trust still in it. The Scott Trust owns Guardian Media Group. It doesn't pay dividends and it exists solely for the purpose of securing the financial and editorial independence of the Guardian in perpetuity and since 1993 this has been broadly the same with the Observer as well.

As such, the whole corporate structure is designed to keep the management of the editorial and commercial aspects of the group's business separate and to maintain editorial independence. It's a complex structure but have I accurately summarised it?

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