A hyperlocal newspaper is set to be launched in the New Year after businesses and residents donated £5,000.

The Peckham Peculiar is set to be launched in January in the South London district after around 150 people pledged money to support the project.

The funds raised will go towards the publishing of the first two issues of the 16-page newspaper next January and March and the title is set to be published six times a year.

It will be put together by a team of three journalists, including editor Mark McGinlay, and a PR and marketing guru, who all work in the magazine and book publishing industries.

On the Peckham Peculiar Facebook page, it said: “We want to write about local news. We want to be free so the whole community can read us.

“We will be a 16 page newspaper that comes out six times a year. The emphasis will be on real reporting and unique stories, not celebrity led drivel.

“There will also be a strong focus on design and lots of photographs.”

The title will be part colour and part black and white and local writers and designers are also set to get involved.

The £5,000 was raised through funding platform Kickstarter and covers the production costs for the first two editions. Future issues will then be funded through adverts.