Peter Martin, deputy editor of the Financial Times, has been
appointed to the newly-created role of editorial director of the FT’s
He will remain deputy editor, working with FT editor Richard Lambert, to
oversee the development of an integrated editorial team, providing
content for the FT and its web sites.
’The big aim is to make ft.com the global business portal,’ Martin
There are currently about 30 journalists working on ft.com’s editorial
output. Martin said he expected to recruit ’dozens’ more journalists to
the service over the next six months.
’We believe there is a big future for newsprint, but also for on-line
delivery of news, analysis and comment, and we hope to be dominant in
both,’ he added.
Martin anticipates a future in which journalists for the FT and ft.com
will write for both outlets.
He joined the FT in 1988, after starting his career with ITN and working
for the Econo-mist. He led the editorial planning for the international
expansion of the FT in Europe and North America. In 1998, his weekly
column, which frequently focuses on the business implications of the
internet, won the Wincott award for financial journalism.
Pearson, the FT’s parent company, has committed itself to investing
pounds 40 million on developing ft.com, part of a pounds 120 million
expenditure on internet projects across the company. In the past year,
the number of visitors to ft.com have increased by 234 per cent, to
650,000 per month.
The group is planning to launch a new German language business web site
later this year, ahead of the publication of a new business newspaper in
the country next year.