Dean Waghorn, left, and Karl Hancock, seen here in Sidmouth, Devon, mix old-fashioned reporting with computer algorithms to cover every aspect of small-town living with Nub News.Karl Hancock spent 25 years at the epicentre of London’s financial world, working for Goldman Sachs, Citigroup and Berenberg Bank. He’s given that up for an unlikely crusade to revitalize local news and he’s planning on hiring 100 journalists in towns across Britain.
There’s certainly a gap to fill. Like Canada, Britain has seen a steady drop in the number newspapers and journalists covering small communities. From 2005 to 2018, Britain lost 245 local papers and the downward trend shows no sign of slowing down, according to Press Gazette, which covers the British newspaper industry.“There is a real demand for local news and that’s never gone away,” Mr. Hancock, 51, said from his home in Devon in southwest England.
The idea is to keep each town’s website intensely local and automate as much of the non-news content as possible.Mr. Hancock said the business model is simple; keep each town’s website intensely local and automate as much of the non-news content as possible. That frees the reporters to write stories and work with contributors who add to the news coverage. Nub News has one reporter cover three towns and everyone works from home.
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