The publication said it has been making ‘substantial losses’ with its current operation, which has prompted the need for a change of direction.
London’s Evening Standard newspaper is set to scrap its daily editions in favour of a weekly publication
But in a memo sent to staff and seen by the PA news agency, the company said it has been making “substantial losses” with its current operation, which has prompted the need for a change of direction. The same memo, sent by the Evening Standard’s chairman, Paul Kanareck, proposed introducing a weekly newspaper to replace the daily publication.
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