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April 18, 2008

Thelondonpaper loses £17m in 10 months

By paulmcnally

News International’s London free evening newspaper, thelondonpaper, lost £16.8m in its first 10 months in business, accounts filed at Companies House have revealed.

The paper made £8m in revenue, but spent £24m on distribution, printing, advertising and general admin, the Guardian reveals.

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