The London Lite newspaper will publish its final issue this Friday, 13 November, just over three years since the free title launched on the streets of the capital.
Publishers Associated Newspapers, a division of the Daily Mail & General Trust, announced a consolation on the future of the paper on October 27, putting 36 jobs at risk as it said it was looking at potential closure.
Associated has now confirmed the closure
Steve Auckland, managing director of Associated’s free paper division, said: “I’d like to thank all of the staff at Lite for their unbridled enthusiasm and magnificent contributions to the paper over the last three years.
“It’s been a pleasure to work with a small and highly motivated team of individuals. I’d also like to thank the agencies and clients for supporting a unique offering in the afternoon market place – and not forgetting our one million daily readers.”
London Lite’s closure brings to an end a tumultuous period in the London newspaper market and comes just over four weeks after the London Evening Standard, which DMGT holds a 25 per cent stake in, went free and a little over a month since News International‘s rival freesheet, thelondonpaper, ceased publication.
London Lite launched on 30 August 2006, while The London Paper hit the streets on 4 September leading to a fierce freesheet battle between two of the country’s most powerful newspaper groups.