London Evening Standard to close daily newspaper and launch new weekly

London Evening Standard to close daily newspaper and launch new weekly

Chair Paul Kanareck says newspaper’s losses – £84.5m in the past six years – not sustainable

London’s Evening Standard has announced plans to shut its daily newspaper and replace it with a new weekly publication.

The newspaper has been hit hard by the introduction of phone signal on the London underground, a shortage of commuters owing to the growth of working from home and changing consumer habits.

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