Connect with us

Hi, what are you looking for?

United Kingdom

George Osborne to quit London Evening Standard?

George Osborne’s editorship of the Evening Standard is said to be in doubt.

It’s believed the former chancellor is soon to leave the London based newspaper.

Osborne was handed the plum role two years ago.

Advertisement

He has juggled his position with several other highly lucrative jobs – including a £650,000 post advising the investment fund BlackRock.

So far, the newspaper’s owner, Russian businessman Evgeny Lebedev, has refused to comment on the speculation.

Mike Soutar is the Standard’s new chief executive.

He is looking to reduce costs of £11 million a year for the give-away paper.

A decline in print advertising has hit the paper hard.

It also faces a challenge from the introduction of 4G to the London Underground – allowing passengers to read news online.

 

 

 

Comments

Latest Tweets

Advertisement

You May Also Like

Business

The controversial Russian businessman Viktor Baturin, well-known for his years-long counterstanding with his wealthy sister Elena, widow of Moscow ex-mayor Yuri Luzhkov, is likely...

European Union

On April 9, 2022 Dimash Qudaibergen’s first solo concert in Germany took place in Düsseldorf. The colossal energy and the atmosphere of unity did...

United Kingdom

A rare £100 bank note given to a charity shop has been sold for £140,000 at auction. Oxfam volunteer worker Paul Wyman spotted the...

United Kingdom

The Watneys Party Seven is making a comeback. The ubiquitous 70s beer was a bland fizzing bitter ridiculed by many. The drink’s insipidness helped...