She entered the publishing profession as an editor at
Frank Cass & Co. in the early 1970s. She then worked briefly at
Barrie & Jenkins. In 1974, Owen became a founder director of
Virago Press. As editorial director and later managing director she oversaw the creation of the Virago list. She remained on Virago's board until the company was sold to
Little, Brown and Company in 1996. Owen relaunched the magazine, increasing its sales and media profile. She travelled widely for the magazine. Under her editorship from 1993 to 2006,
Index became a vital source on all aspects of free expression for media and human rights organisations throughout the world and won several major awards. Owen was a founder trustee of
Free Word, a centre for literature,
literacy and free expression in London. Free Word was conceived in 2004, and Owen took it through from an idea to concrete reality, finding the funding from Norwegian foundation
Fritt Ord to buy a building for the centre in
Farringdon Road. It opened in June 2009. Following the
COVID-19 pandemic in April 2021, Fritt Ord confirmed its intention to sell the Farringdon building, which was closed and its resident organisations vacated by May 2021. The Free Word Centre announced its closure on 27 May 2021. Owen is on the board of the
Southbank Centre and
English Touring Opera. She has been a
governor of Parliament Hill Field School, on the board of the
New Statesman and the committee of the
Royal Literary Fund. She has lived in
Egypt,
Lebanon and the United States. and
Whose Cities (with Mark Fisher), published by
Penguin in 1991. She was elected an Honorary Fellow of the
Royal Society of Literature in 2020. == Personal life ==