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The Guardian - UK
The Guardian - UK
Business
Jim Waterson Media editor

Evening Standard reliant on Evgeny Lebedev’s funding after losses widen

The front page of the Evening Standard on the eve of King Charles III’s coronation in May.
The front page of the Evening Standard on the eve of King Charles III’s coronation in May. Photograph: Gareth Cattermole/Getty Images

The Evening Standard has lost a further £16m and said it was reliant on extra funds from its owner, Evgeny Lebedev, to continue publishing.

The former GQ boss Dylan Jones recently became the editor tasked with reviving the fortunes of the free London newspaper amid questions over its long-term sustainability.

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