NEXT week the Falkland Islands newspaper Penguin News will increase its cover price to £2.50. It’s not a decision I’ve taken lightly, but is one I believe is necessary. For the past two years the newspaper has received a relatively small but quite important subvention through the Falkland Islands Government’s funding of the Media Trust. Following this year’s budget, that subvention to the Media Trust was reduced, as were the allocations made to other organisations and government departments.The latest allocation was intended solely for Falklands Radio. The Media Trust nevertheless offered, generously and fairly, to share a small proportion of that funding with Penguin News.I have decided that we will not accept that offer.Instead, Penguin News will stand on its own feet. The increase in the cover price (there has been no increase for 8 years incidentally) is intended to replace that income and maintain the newspaper’s financial independence. It...