It seems Labour party members will continune to vent their spleen after troubled left wing magazine The Tribune is set to be rescued in a last minute deal.

The 71-year-old bugle, which describes itself as "a thorn in the side of all governments, constructively to Labour, unforgiving to Conservatives", seemed doomed after the trade unions threatened to pull out a few weeks ago - but once again the activists rag has been pulled from the pulp.

Speaking in the Evening Standard, former editor Mark Seddin said "It's back from the brink."

Tribune has lurched from disaster to disaster for years, almost always relying on a wealthy benefactor to keep the rag on the printer. Lord Beaverbrook once bankrolled it and Ken Livingstone saturated its pages with adverts in the old GLC days.