London Indy to launch new daily
'The Independent' in London is to launch another national newspaper next week, claimed to be the first new "quality daily" for almost a quarter of a century, it was announced yesterday.
The low-price title, to be called 'i', will go on sale from Tuesday, October 26.
Independent bosses said it was "designed for readers who wanted a concise, quality daily paper for just 20p". The new weekday publication will be designed to "complement an improved Independent". Independent editor in chief Simon Kelner will edit the new title.
Mr Kelner said: "With the launch of i, we are again doing something radical and new, creating a paper for today that retains the essential qualities of The Independent.
The Independent launched in 1986 and was bought by Russian billionaire Alexander Lebedev, who also owns the London Evening Standard. He also co-owns Novaya Gazeta, a pro-democracy newspaper in Moscow, together with former President Mikhail Gorbachev.
Mr Lebedev, director of Independent Print Ltd, said: "My commitment is to a strong, vibrant free press as well as creating innovative media ventures with first-class journalism."