We don't need to update the paper through the night, so we don't need so many people working anti-social hours producing a newspaper for real-time news. That's the equivalent of the steam age.
There is no conflict between best in British class and being a global newspaper. We are an international newspaper rooted in the City of London, and I think people understand that. The 'FT' stands out as a global niche product.
By using our international network, utilising templates and thinking ahead with pre-planned pages that contain carefully selected relevant news, we can deliver stories that other people just don't have. And that will release resources for the web.
Thanks to social media such as Facebook and Twitter, a far wider range of people take part in gathering, filtering and distributing news.