A romance that plays out in the splashy, sensational world of British tabloids. Over the course of one week, the journalists of tabloid newspaper 'The Rag' uncover and manufacture as much scandal as they can get their hands on.

The Rag, an English tabloid, has been seething with intrigue ever since the editor-in-chief, Eddy, started an affair with his assistant Mary, who also happens to be married to Richard Morton, president of the media group that owns the paper. When she finds out that an editorial change is in the offing, Mary decides to make a bid for the editor's job. She dumps Eddy and persuades her husband to give her the promotion. Refusing to give up his post, Eddy goes on the offensive, with help from photographer Morph, master of the revealing snap. They work out a plan to concoct a scandal to harm Morton's reputation and thus keep Eddy's job.

Contemporary urban comedy set during a week in the life of a tabloid newspaper. The tyrannical tycoon chairman, Richard Morton (Malcolm McDowell), and clever but desperate editor, Eddy Taylor (Rupert Graves) battle for political supremacy in the boardroom, using staff journalists as pawns in the power-games, played out on the front pages of their paper.