Participants' Consultation 2022
In accordance with IMPRESS’s financial sustainability policy, duties under our Articles of Association and the Royal Charter on self-regulation of the press, we are launching a consultation for participating publishers and the wider news publishing industry on our:
- Draft membership subscription fee schedule, including member benefits;
- Our funding arrangements and financial plans;
- Draft four-year forecast for the period 1 April 2022 – 31 March 2026;
- Draft annual budget for the period 1 April 2022 – 31 March 2023.
We welcome feedback, not only on our financial plans but also on IMPRESS more generally. How can we expand and improve our services? How can we increase our support for the industry?
How to respond
If you wish to respond to this consultation, please submit your comments by completing the Google form via the button below by 9am on Monday 2 May 2022.
If you have any questions regarding the consultation, please contact email@example.com
About our funding
The original research and development of IMPRESS was supported by grants and donations from a range of private individuals and a number of trusts and foundations, including the Joseph Rowntree Reform Trust, the Andrew Wainwright Reform Trust and the Alexander Mosley Charitable Trust.
Since being established, IMPRESS has been supported by donations received from regulated charities under arrangements scrutinised by the Press Recognition Panel according to the requirements of IMPRESS’ recognition status and the independence and transparency requirements of being an approved regulator. These arrangements have been reviewed by the courts who have confirmed that they fully protect the independence of IMPRESS’ governance and regulatory decision making. IMPRESS also receives funding from annual regulatory fees paid by a growing number of regulated publishers.
In 2022, IMPRESS has entered into an agreement with the Independent Press Regulation Trust (IPRT), a registered charity which exists to support independent press regulation. The new agreement is for further funding of £6.45m over an eight-year period. This will enable IMPRESS to continue to operate as an approved press regulator but is designed to taper off as IMPRESS grows and develops a diverse range of revenue streams. The IPRT’s funding has been guaranteed by the Alexander Mosley Charitable Trust under a separate agreement to which IMPRESS is not a party.
More information about our funding arrangements can be found here.