Alexander Lebedev, the majority owner of the London Evening Standard, may float the newspaper on the stock exchange, according to a Daily Telegraph story today. He also said he is also close to forming an editorial advisory board that may include Mikhail Gorbachev novelist JK Rowling and Bob Geldof.
Lebedev ruled out acquiring any more papers at present because he has "no spare cash", and said he is planning to write to staff soon about his financial position.
