David Prosser is to become personal finance editor of the daily and
Sunday editions of The Express, replacing Richard Dyson, who is moving
to The Mail on Sunday as personal finance reporter.
Dyson will leave The Express at the end of November after serving most
of his three-month notice period.
He had been at the Express for two years after joining from Investors
Chronicle.
Prosser, currently deputy editor of Money Observer, is expected to move
to take over the brief at the end of the year. He has been at the
monthly title for three years and will report to Express City and
business editor Stephen Kahn.
Money Observer publisher Will Ricketts said he hoped the new deputy
editor would be appointed before Prosser left.
The title, which is wholly owned by Guardian Newspapers, works as a
complement to The Observer's Cash section, Ricketts said.
In December, a website, www.MoneyObserver.com, will be launched. 'It
will partner GuardianMoney, but in a slightly different way,' Ricketts
said.
The site will be run by the existing Money Observer team, he added.
Money Observer's readership tended to be older and wealthier than a
general Sunday broadsheet audience, he said. The title specialises in
equity investments whereas Cash takes a wider look at finance.
Journalists often use Money Observer as a springboard, Ricketts said:
'David has had a huge amount of TV and radio coverage. It is a good
platform for people who want to make a name for themselves.'
Ricketts joined the Guardian group from The Financial Times in 1995. In
addition to being publisher of Money Observer, he also oversees the
separately sold title, Guardian Weekly.
The editor of Money Observer is Andrew Pitts. The title was launched in
1979.
