Denis O'Brien, Independent News & Media's second-biggest shareholder, has launched one of his biggest attacks on the company yet, claiming its flagship UK newspaper, The Independent, will close by Christmas.
The paper's six monthly circulation figure to August is down by 16.8% to 198,445. The Independent on Sunday returned the biggest decrease in Sunday papers, down 21.6% to 163,898.
Does the paper have a future or is it done and ready to join the likes of Thelondonpaper and Today?