The Guardian newspaper will soon abandon its European-style “Berliner” print format and go tabloid to help stem heavy losses.
It is understood that an agreement to outsource printing to Trinity Mirror could be announced as soon as this week, although senior sources said it was not yet completely finalised. The plans mean The Guardian will be redesigned to fit smaller tabloid pages.
A source close to the negotiations said: “This deal makes great sense to the Guardian financially.”
The contract will also allow the newspaper to scrap or sell its three Berliner presses, which cost £50m in 2005. It spent a further £30m on printworks in London and Manchester.