Lloyd Webber `ready to spend pounds 100m'

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The Independent Online
Lloyd Webber `ready to spend pounds 100m'

Sir Andrew Lloyd Webber, the millionaire composer, is said to be ready to invest up to pounds 100m in a bid for the newspaper interests of United News & Media, including the Daily Express. Mr Lloyd Webber was quoted over the weekend as suggesting the principle of running newspapers was the same as for musicals. He is believed to be looking for partners to share costs.

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