Britain officially emerges from the longest and deepest recession since the war. Lebedev acquires the Independent and Independent on Sunday from Independent News & Media for a nominal fee of £1. Trinity Mirror acquires GMG Regional Media, publisher of 32 titles, from Guardian Media Group for £44.8 million.

News International erects paywalls around its online content for The Times and The Sunday Times. Eleven regional print titles are launched by seven publishers in the first six months of the year. Newly-elected coalition government announces it will look at the case for relaxing cross-media ownership rules and stop unfair competition from council newspapers. The Independent launches i, a digest newspaper to complement their main title, and the first daily paper to be launched in the UK in almost 25 years.