Is the Indy Up for Sale?

Greenslade thinks so. Having gutted the editorial staff and rebranded, it seems the cash strapped Lebedevs have got bored:

“The Independent is up for sale. The paper’s founder, and current chairman of its publishing company, Andreas Whittam Smith, has been authorised to seek out a buyer. The owners, Alexander Lebedev and his son, Evgeny, have been indicating for some time that they would be happy to dispose of the paper and its sister titles, i, and the Independent on Sunday. They have made various cryptic statements over the last six months about their willingness to offload loss-making papers that they see no prospect of turning into profit. Alexander Lebedev’s fortunes, based on a variety of businesses in Russia, have declined dramatically over the last couple of years.”

Don’t all rush at once.




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

No prizes for guessing who Andrea Leadsom is talking about:

“As you said last week, Mr Speaker, we have a responsibility to safeguard the rights of this House and as Leader of the House I seek to do exactly that, treating all members of parliament with courtesy and respect. I hope and expect all Honourable and Right Honourable members to do likewise.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Zarb Referred to Disputes Panel Zarb Referred to Disputes Panel
Kate Osamor Plagiarised Maiden Speech Kate Osamor Plagiarised Maiden Speech
Ken: Seumas Wrote My Tweets and Never Told Me to Stop Talking About Hitler Ken: Seumas Wrote My Tweets and Never Told Me to Stop Talking About Hitler
Young Voters Now Prefer May to Corbyn Young Voters Now Prefer May to Corbyn
Ruth and Gove Blast “Dour” Tories Ruth and Gove Blast “Dour” Tories
Ken Resigns from Labour Ken Resigns from Labour
New Tory Treasurer is Director of 7 Companies With Overdue Accounts New Tory Treasurer is Director of 7 Companies With Overdue Accounts
All-Remain Peston Show “Kerfuffle” All-Remain Peston Show “Kerfuffle”
Top Tory’s Firm Implicated in Russian Dirty Money Report Top Tory’s Firm Implicated in Russian Dirty Money Report
New Peerages New Peerages
Kate Osamor Plagiarises Barack Obama Speech Kate Osamor Plagiarises Barack Obama Speech
Corbyn’s New Peer Martha Osamor Defended Anti-Semites Corbyn’s New Peer Martha Osamor Defended Anti-Semites
Tower Hamlets Labour Council Bosses Award Themselves Vast Pay Rises Tower Hamlets Labour Council Bosses Award Themselves Vast Pay Rises
Corbyn-Backed Lewisham Candidate Loves Castro and Chavez Corbyn-Backed Lewisham Candidate Loves Castro and Chavez
‘Beijing Barry’ Takes £43,000 from China-Linked Firm ‘Beijing Barry’ Takes £43,000 from China-Linked Firm
Bercow Bullying Inquiry Blockers Bercow Bullying Inquiry Blockers
Irish Border Camera Problem Solved Irish Border Camera Problem Solved
Thornberry Talks Up Assad Thornberry Talks Up Assad
Three Labour Lewisham East Candidates Promoted Extremist Imam Three Labour Lewisham East Candidates Promoted Extremist Imam