The Independent and The Evening Standard, two leading British newspapers owned by Russian businessman Alexander Lebedev, are to partially merge their sport and business departments.
Announcing the decision, the papers confirmed that this partial integration is designed to reduce costs while maintaining their traditional standards. There was no comment about possible job losses, although that is considered to be a strong possibility. However, the newsdesks will not be merging and the two titles will remain distinct from one another.
Since acquiring the two newspapers, Alexander Lebedev and his son Evgeny have pushed through a series of radical changes. The Evening Standard went free and saw a boost in reader numbers, while The Independent launched a popular spin-off paper i which at times has outsold its parent publication.
The Independent recently launched a new look that was met with favourable comments from many, and this week the paper completely revamped its popular website.