It has been announced that the Observer will continue to be published. This follows the recent rumours that the world’s oldest paper would close down.

There had been talk that the paper would turn into a weekly magazine but it seems that instead, the paper is staying open and staff from the Observer are being merged with the Guardian.

Throughout the recession, most newspapers and magazines have had to review their publishing operations and the nature of their journalism. And the Observer was no exception.

When news came through of the possible closing down, the paper received huge support from celebrities such as Damon Albarn and Dizzee Rascal.