Lebedev Hit By Huge Indy Losses

Evgeny Lebedev has suffered a huge hit to his pocket after his company announced losses of £24 million for the Independent, i and Evening Standard newspapers over the last financial year. Things were particularly bad for the Indy, which made a pre-tax loss of £18 million. Owen Jones may not get that pay rise he is lobbying after…

Total losses for Lebedev Holdings rose by 22.5% while an unnamed Indy director took home over half a million quid in his pay package – the same amount of money being haemorrhaged by Lebedev’s rags each week.

What a way to run a business…




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Quote of the Day

Former public schoolboy Chuka Umunna told the  ‘Exit From Brexit Dinner’…

“Remainians, Remoaners, I don’t care what the label is, I’m proud. It’s fashionable to label everyone in this room as the liberal metropolitan elite . . . This caricature is promoted by a bunch of former public schoolboys!” 

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