The Trinity Mirror shake-up has evidently failed to impress the City. Paul Durman in the Sunday Times says it has been viewed like many a Daily Mirror scoop, "eagerly awaited, widely publicised and promised a great deal. But when you got your hands on it, it lacked something in substance." Tim Luckhurst in the Independent on Sunday claims Trinity's ceo, Sly Bailey has been disliked by journalists for cost-cutting - "now the City is sceptical too."
Terry Murden in Scotland on Sunday says the sell-off of part of the empire "doesn't look much like a strategy, more of an exercise in making some short-term cash to plug a few holes". And Peter Preston in The Observer calls it "as staged retreat to a smaller, less beautiful future."
