London’s Evening Standard to go weekly as it struggles with losses

Stay informed with free updates

Simply sign up to the Media myFT Digest — delivered directly to your inbox.

The Evening Standard has announced plans to shutter its daily print newspaper and replace it with a weekly edition as the London free sheet struggles with losses and changes to commuter habits.

A memo to staff at the business, which is co-owned by Russia-born businessman Lord Evgeny Lebedev, said it planned to consult on the launch of a weekly newspaper that would “replace the daily publication”.

It said shorter commuting weeks and widespread WiFi on routes made “evolution a prerequisite of viability” and added “the substantial losses accruing from the current operations are not sustainable”.