We loved this snappy monthly newsletter sent by Manchester based Connectpoint.
It breaks all the rules, but still manages to suck you into finding out more about each of the featured stories. As you can imagine, the click-through rate for each of their newsletters is very high.
My big suggestion would be to change the text titles into links as well. This will at the very least allow those recipients with images disabled to easily click each story to find out more.
Designer: Paul Normington | See the complete design

