Evening Standard marks sixth year without profit as new digital and events strategy put in place

Since the 2022 financial year, the newspaper has brought in a new editor and consultants to refresh its strategy.

Evening Standard newspaper to become The London Standard — Copies of the Evening Standard newspaper carrying a headline about the resignation of Natwest CEO Dame Alison Rose are seen at Bank Station in the City of London on 26 July 2023. Picture: Richard Baker / In Pictures via Getty Images

Losses at the Evening Standard were up by 14% in 2022, marking its sixth consecutive year in the red.

The publisher, majority-owned by Russian-British businessman Evgeny Lebedev, has since put in place a strategy aimed at boosting digital and event revenues under new editor Dylan Jones.

The publisher recorded a pre-tax loss of £16.4m in the year ending 2 October 2022, up from £14.4m in 2021. Its operating loss was up 18% to £14m.

Charlotte Tobitt

@CharlotteTobitt

Charlotte Tobitt is UK editor at Press Gazette, having joined the site in February 2018 after spending four years at the Surrey Advertiser.

Evening Standard marks sixth year without profit as new digital and events strategy put in place

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