Reader's Digest ad director Flora MacMillan leaves after 22 years

LONDON - Reader's Digest's UK advertising director Flora MacMillan is one of nine staff to be made redundant at the publisher since the company's slide into administration last month.

Readers Digest: UK redundancies announced
Readers Digest: UK redundancies announced

MacMillan had been working at the original pocket-sized title since 1988.

The administrators for Reader’s Digest are in talks with potential buyers, understood to include the Budworth family, the owners of 125-year-old title The Lady.

The Lady’s owners refused to comment on reports that it was in the bidding, but did not deny the claims

Reader’s Digest UK arm had 117 staff prior to moving into administration.

Despite the uncertainties surrounding its future, the remaining team is working on its May issue and say that its April issue will be published in the second half of March.

Moore Stephens, the Reader’s Digest administrators, claim to have received approaches from 25 potential bidders.

The 70-year-old title went into administration in the UK on 17 February. Its US parent blamed the move on the UK pensions regulator turning down a rescue plan to resolve its pension liability.


Subscribe to Campaign from just £57 per quarter

Includes the weekly magazine and quarterly Campaign IQ, plus unrestricted online access.


Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now

1 Meet the new breed of ad agency chiefs

A new wave of first-time CEOs are opting to do things differently in an evolving landscape. They discuss the business model of the future with Jeremy Lee.

Case study: How 'This girl can' got 1.6 million women exercising

1 Case study: How 'This girl can' got 1.6 million women exercising

"This girl can" was based on a powerful insight: that the fear of judgement by others is the primary barrier holding women back from participating in sport.

Just published