One year into the job and Alan Rusbridger has found that being appointed editor of a national newspaper is to inherit a crown of thorns. The 42-year-old has just been named Editor of the Year, but after a first six months in charge of the Guardian characterised by rapid-fire personnel changes, plunging morale and a simmering industrial dispute, he now faces greater troubles. The big black cloud is the financial distress of its sister publication, the Observer, which could plunge the Guardian itself into financial ruin. Not that Rusbridger's own paper is making money: competitive pressures alon...