Trinity: almost a Trinity

Two cheers for Sly Bailey. Trinity Mirror’s share price is some 60% higher than the buyout offer that was rattling around the boardroom when she became chief executive of the British newspaper group in 2003. Profits also reached their best level in four years in 2004. So Bailey can tick off at least the first box of her «stabilize, revitalize and grow» mantra, and make a credible mark against the second too. The third box remains empty for now although. But, arguably, that doesn’t matter. The w...