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

London free newspaper City AM puts itself up for sale

City AM news stands
City AM distributes 70,000 copies a day targeting financial workers in London. Photograph: Chris Batson/Alamy

The London free newspaper City AM has put itself up for sale, as print outlets continue to struggle with the collapse of the advertising market and the increasing cost of paper.

Its founders said they had been in talks with new investors but are now looking for an outright sale of the newspaper, which distributes 70,000 copies a day targeting financial workers.

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