While I wouldn't go with just any old newspaper for giftwrapping the Financial Times makes the cut because it's cheerfully peach tinted. Plus the paper and print quality makes for a presentable parcel. These pretty papers have been just stacked around here after Mom reads them (she buys her FT issues from Fully Booked). I decided I could dress them up by making folded bows and origami accents, I'm not wrapping as many gifts this year. However it's much harder to do origami with newspaper, it's not as stiff in weight so it doesn't hold creases as well, it still works with effort put in.