The London newspaper, which has angered dictators and shaped the legacy of political leaders, says the change is driven by better WiFi on the Tube and a shift to working from home.
, a fixture on the streets of the UK’s capital for nearly 200 years, will scrap its daily print edition, blaming better internet coverage on the Underground and a shift to working from home.
The newspaper’s management informed staff that it would drop its daily print edition and become a weekly publication.The newspaper, famously banned by Benito Mussolini in 1936 for a cartoon by the legendary David Low that incurred the Italian dictator’s wrath, built its reputation in the 19th century for covering conflicts such as the American Civil War.
The paper was bought by businessman and former Russian intelligence officer Alexander Lebedev and his son Evgeny in 2009 but since the COVID pandemic it has struggled for direction after being hammered by a collapse in commuting and a deep advertising downturn during lockdowns.Credit:journalists, for its demise because of his use of its pages to promote his pet causes and, often, himself.
Handed out at railway stations and street corners around the capital, surging inflation and print costs have also hurt the publication’s bottom line. The paper has shrunk to an average of around 30 pages, down from roughly 70 a decade ago.Shorter commuting weeks and the spread of WiFi on its readers’ routes made “evolution a prerequisite of viability”, the memo said, adding that “the substantial losses accruing from the current operations are not sustainable”.
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