Ex-Finance Minister of Great Britain as The Evening Standard editor-in-chief 

Ex-Finance Minister of Great Britain as The Evening Standard editor-in-chief
Evgeny and Alexander Lebedevs

The father and son, who own the leading British media, consider their choice as optimal for readers of the newspaper.⁠

Former Chancellor of the Exchequer of Great Britain (a position corresponding to the Minister of Finance) George Osborne will take the post of editor-in-chief of London newspaper The Evening Standard.

Evgeny Lebedev reports this in his Twitter, expressing pride in the fact that the edition will be headed by a person of this level.

"George embodies London, and I'm sure he is the most suitable candidate for continuing the legacy of current editor-in-chief of the Evening Standard, Sarah Sands," Evgeny Lebedev writes in his microblog.

The Evening Standard has been published since 1827. Since 2009, Evgeny Lebedev, the son of a co-owner of Novaya Gazeta, media tycoon Alexander Lebedev, who also has a share in Evening Standard Ltd, owns it. The circulation of the free edition is 900 thousand copies, which puts the newspaper in first place among free British publications. In addition to this newspaper, Evgeny Lebedev's media company produces The Independent. The holding also owns The Independent on Sunday, the youth newspaper, and the London Live channel.

The former Minister calls The Evening Standard a wonderful newspaper, its team is impressive. "This is a very interesting and challenging work, and I'm glad to take this post," Osborne says, The Independent reports.

It is known that Osborne, who is also a parliamentarian from the Conservative Party, will replace Sands in the editorial chair in May.

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George Osborne

Meanwhile, the decision of a politician, who has never worked as a journalist to lead a newspaper, caused a scandal among British social forces. Osborne says that he intends to spend 4 days a week in the editorial office. The editor-in-chief plans to combine work with the duties of the parliamentarian - according to him, the main work in the newspaper falls in the morning, and the voting in the parliament - in the daytime.

However, this is not all. The Guardian writes that Osborne also works as an adviser in the BlackRock investment fund with a salary of 650 thousand pounds a year and holds the position of chairman in partnership with Northern Powerhouse. The publication asks whether it is not too much for the qualitative performance of his duties?

Evgeny Lebedev stands up for the new chief editor, declaring that he will defend the interests of Londoners in this post, while Lebedev the Elder notes that George Osborne is smart enough to combine such different functions without problems.



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