FT’s finance chief shrugs off competition

Financial Times’s finance director Scott Henderson has shrugged off
the threat of Rupert Murdoch-owned Wall Street Journal.

Talking to Accountancy Age’s sister publication Financial
, Henderson said that although the WSJ was ‘given away’ in
Europe, FT readers were not worried about saving ‘a pound here or

‘…They buy the paper because they need the analysis to help them make better
decisions,’ said Henderson.

Murdoch recently appointed one of his most trusted members of staff, Les
Hinton, as chief of the WSJ – a move interpreted as intent to take on
the FT.

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