The Week: City News - O'Brien calls for Indy sale

Denis O'Brien, an 11 per cent shareholder in Independent News & Media, has renewed his call for the company to sell The Independent and demanded the resignation of Sir Anthony O'Reilly as chief executive.

According to The Times, O'Brien added that O'Reilly was too old to run a modern newspaper business, and that his departure would save millions of euros. O'Brien first called for the sale of the company's loss-making title, along with a number of Australian radio stations, in June.