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The Guardian - UK
The Guardian - UK
Business
Joanna Partridge

Online health and beauty firm THG in talks to buy freesheet City AM

Front page of City AM newspaper reporting on the impact of the Coronavirus pandemic in 2020
City AM has been hit hard by the change in commuter habits after the coronavirus pandemic. Photograph: Ray Tang/Rex/Shutterstock

The online health and beauty retail platform THG has emerged as the unlikely possible buyer of struggling London the free newspaper City AM.

The newspaper, which distributes 70,000 copies a day targeting financial workers, put itself up for sale at the start of this month. This week it was reported that it was close to collapsing into administration.

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