The Telegraph and Boris: what chickenfeed will buy you

The Telegraph is in the perplexing position of having both made rather a lot of money last year, and then lost even more of it buying itself out of joint ventures. And from the outside, the newsroom looks similarly financially contrary: the Telegraph appears to have invented seven sports hacks to cover up a reliance on agency copy, and yet still have the money hanging around to spend a quarter of a million hiring Boris Johnson as a columnist. So what does Boris think about his good fortune? Well, it’s “chickenfeed”, apparently, because he doesn’t work very hard for it:

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