Conor Brophy: Writing the news before the event saves time at deadline
But the first draft is a loaded gun for publishers when history doesn’t go to plan
It’s not often a news outlet gets the jump on the European Central Bank’s monthly interest rate decision.
In fact, since the ECB’s governing council began meeting on a monthly basis in June 1998, it has never happened.
So when the Financial Times reported at 12.36pm last Thursday afternoon that “ECB leaves rates unchanged in surprise decision”, the story had an immediate and significant impact.
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