Canary staff not paid amid fears for news website’s future
Summary
The news website The Canary is facing serious money problems, including blocked access to funds by Lloyds Bank and unpaid staff. The site may not continue past this year due to financial difficulties and internal issues, despite receiving a large investment last year.Key Facts
- The Canary website was founded in 2015 and is known for its leftwing political stance.
- Lloyds Bank blocked access to a large part of The Canary’s money in July without explanation.
- Staff and contractors have not been paid on time for several months.
- The outlet received an investment of around £2 million last year, but much of this money may have been spent on unsuccessful projects.
- About 50 people work at The Canary, and they have formed a union with the National Union of Journalists (NUJ).
- Management asked staff to sign non-disclosure agreements in the spring, with changes threatened if they refused.
- There is about £400,000 left in funds, which is expected to last until December.
- The Canary’s chief executive expressed concerns about the website’s future and the risk it faces from external pressures.
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