Johnston Press, which also owns the Yorkshire Post, has debts of £220m and failed to find a buyer

Johnston Press, the owner of the i, the Scotsman and Yorkshire Post, has gone into administration after being brought to its knees by debts of more than £200m.

The publicly-listed newspaper publisher, which put itself up for sale last month in a last-ditch effort to save the business from going under, has gone into administration admitting that its shares are now worthless.

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