Thanks to social media such as Facebook and Twitter, a far wider range of people take part in gathering, filtering and distributing news.

While the web is very much the first draft of history, a rough-cut, it still has to be good journalism, well-sourced, reliable. Clearly, the printed form is going to have more effort put into it, going to be more reflective and relevant.

We British play an important role in Europe, even if we have a traditional and historical ambivalence towards the continent.

We have Trumpist (ph) tendencies in Europe. Look up Marine Le Pen in France. Look at the Five Star Movement headed by a clown by profession, Beppe Grillo, in Italy.

But I do think that Brexit, an exit of Britain from the European Union, would trigger real pressure on the United Kingdom.

The Financial Times is pro-British membership of the European Union. We have taken that position for decades. But we are not starry-eyed about the European Union. And we do not believe and have not believed for at least 10 years that Britain should be part of the euro.

There were always plenty of newspapers in the house. The Times, Guardian, Daily Telegraph and Daily Mail were all regular fixtures on the coffee table. I used to enjoy reading The Times editorial pages and the Daily Mail sports pages.