The Guardian view on the London press: the capital needs its own news | Editorial

The Guardian view on the London press: the capital needs its own news | Editorial

The Evening Standard has lost its sparkle, but Londoners should not be left without a daily news source

The decision by the Evening Standard to stop producing a daily edition, from Monday to Friday, leaves Londoners without their own general newspaper. Under its current owners, the Standard, which is 197 years old, has faded to a shadow of its former, showy self. But this is a dismaying move all the same. A city of London’s size and importance, with a mayoralty and 32 borough councils, ought to have a dedicated print news outlet aside from the business-focused City AM. This is not just a matter of holding politicians, local services and businesses to account. It is about the city as a place with its own civic identity, its own arts and food scenes and sporting events, as well as serious problems including a housing affordability crisis.

The title has faced the same pressures as other print media, above all falling sales and advertising due to intense competition from digital rivals. It was given an injection of life when it went free in 2009 and pivoted to an advertising-led model. But the combination of higher newsprint costs, wifi on the London Underground and increased home working have finished it off. While a weekly version is promised, along with a boost to its online presence, the 15 years of Lord Lebedev’s majority-ownership do not inspire confidence. He spent tens of millions on the loss-making TV project London Live while slashing editorial budgets. His decision to make former chancellor George Osborne editor was not popular with staff, but in line with his apparent desire to use the title to boost his social standing. According to its accounts, the business has lost £84.5m in six years.

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