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London Economic editor steps down citing ‘punishing algorithms and scarce resources’

Jack Peat said running the site "requires huge personal sacrifices".

By Bron Maher

The co-founder of digital media outlet The London Economic has stepped down after 12 years editing the title, citing “punishing algorithms and scarce resources”.

Jack Peat announced on Friday he would hand over the reins of the site to Joe.co.uk writer Charlie Herbert.

The London Economic is part of Joe Media, which was bought out of administration last year by Irish entrepreneur Michael O’Rourke.

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