LONDON (Mar. 5)
The Jewish Chronicle is planning to leave its office building it 25 Furnival Street, because of rising costs and may establish its headquarters outside central London for the first time in its 138-year history. The move is being considered because rates on the four story building, built for it in 1963, have reached a reported 40,000 Pounds Sterling a year.
The paper is also to close its printing department at the end of this month. Although the actual printing is done under contract by an outside firm, the initial production processes, such as copy setting, page make-up and proof reading, have been done by the Chronicle’s own staff.
The National Graphical Association has urged the paper not to move from Furnival Street and says that it could save money by adopting a more modern typesetting process. But the paper’s management is understood to feel that such savings would only be marginal. If the Chronicle moves out of central London, it is expected to seek premises near the main areas of Jewish population, probably northwest of the city.