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Stephen Glover: These explosive exchanges will not solve the deeper problems of the British press

Last Tuesday's Daily Telegraph ran a long and exceptionally savage attack on The Guardian. There was little, if anything, new in the piece, which appeared in the business pages. It skilfully gathered together the known facts: looming redundancies, losses of £100,000 a day on The Guardian and The Observer, and a cash pile melting at an alarming rate.

How Twiggy appeared in the Olay advertisement, left, and how the model looks in real life

Aibrushed Twiggy advert ruled misleading by watchdog

An advert starring the model Twiggy was airbrushed to give a false impression of the beauty product she was promoting, the advertising watchdog has found.

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