"We do believe in the value of FT content, we do believe people value it, and we do believe they will pay for it." - The Financial Times chief executive, John Ridding, after the paper hiked up its cover price by a massive 30p to £1.30
"This is not regulation which suits a modern converging media world - it's detrimental to the health of the industry. It's Life on Mars regulation for 1977 not 2007." - Sly Bailey, the Trinity Mirror chief, criticises the competition authorities for their approach to mergers in the newspaper industry.