Huveaux Picks Up Parliament Magazine for Pounds 16m

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THE HOUSE magazine, the parish pump of the Palace of Westminster, has been sold for Pounds 16 million to fast-growing publishing group Huveaux in a deal that puts it in the same stable as other parliamentary titles Vachers and Dod's, writes Robert Lea.

AIM-listed Huveaux is paying Pounds 16 million in cash for Parliamentary Communications, which has been owned and run by publishing entrepreneur Keith Young and its deputy chairman and chief executive Keith Jeavons since Margaret Thatcher took up residence in Downing Street 25 years ago.

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Huveaux Picks Up Parliament Magazine for Pounds 16m

Young, in his early sixties, stepped into the lime...

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