Express is sold to the Mirror

The Daily express and Daily Star newspapers have been sold to the owner of the Daily Mirror for £127million.

The deal will see Trinity Mirror acquire all the publishing assets of Daily express publisher Northern & Shell, which also owns magazines OK!, New! and Star.

The move brings together politically left-leaning titles like the Mirror, with more right-wing publications such as the express. Trinity Mirror chief executive Simon Fox has ruled out a shift in editorial tone across the titles, but said it would spark £20million a year in cost savings which will lead to job losses.

he said a chunk of the savings would come from sharing stories across titles, with the same sport and features content being used in both the Daily Mirror and the Daily express.