David Montgomery says its 'demeaning' to work for loss making Guardian or Independent

Journalist Kristine Lowe reports on her blog her exchange with Mecom chief David Montgomery: "I asked Montgomery if it really was his opinion, as The Telegraph had suggested the previous day, that there was no rationale for The Guardian or The Independent to exist: "I didn't say that. The Telegraph did. But in general I think companies should make money. I think it's demeaning for people to work for companies that don't," he said."