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15 February 2008 (Click here for Welsh version)
Statement by Ned Thomas,
Chair, Dyddiol Cyf.
In light of the Assembly Government's recent statement on the funding of the Welsh press, it will not be possible for Dyddiol Cyf. to establish a Welsh-language daily newspaper.
Even though Dyddiol Cyf. has not so far presented its full business plan to the Assembly Government, it was absolutely clear to the Government that an annual grant of as little as £200,000 would be insufficient to establish a Welsh-language daily newspaper - Dyddiol Cyf. had said as much, as had Dr Tony Bianchi in his report.
We are firmly of the opinion, therefore, that the Minister for Heritage's decision does not fulfil the Assembly Government's commitment, as written in its One Wales document:
The board of Dyddiol Cyf. is considering a number of other positive ideas which could give a much-needed boost to the Welsh press.
We will be asking the company's shareholders to consider these options.
Following the Minister's announcement, Y Byd's Editor, Aled Price, has tendered his resignation. We would like to thank him very much for his work, and his dedication to the establishment of a Welsh-language daily newspaper.
ENDS
01970 621998 / neges@ybyd.com
