Editing Financial Times (section)

=== Gordon Newton and "direct recruitment" ===
[[Gordon Newton]], a Cambridge graduate, took over as editor in 1949, and immediately introduced a policy (then most unusual in [[Fleet Street]]) of direct recruitment of new university graduates, mainly from Oxbridge, as its trainee journalists. Many of them proceeded to have distinguished careers elsewhere in journalism and British public life and became the mainstay of the paper's own editorial strengths until the 1990s. The first such 'direct recruit' was future leading British economist Andrew Shonfield; the second was (later Sir) William Rees-Mogg who went on, via ''[[The Sunday Times]]'', to edit ''[[The Times]]'' in 1967 following its acquisition by [[Roy Thomson, 1st Baron Thomson of Fleet|Roy Thomson]]. Other FT Oxbridge recruits included the future [[Chancellor of the Exchequer]] [[Nigel Lawson]]. The ''FT''{{'}}s distinctive recruitment policy for Fleet Street journalists was never popular with the [[National Union of Journalists]] and ceased in 1966 following the recruitment of Richard Lambert from Oxford, himself a future Editor of the ''FT''.