LBC Radio (originally the London Broadcasting Company) operates two London-based radio stations, with news and talk formats. LBC was Britain's first legal commercial Independent Local Radio station, providing a service of news and information to London. It began broadcasting on the 8th October 1973, a week ahead of Capital Radio.
Nowadays the intitials LBC don't stand for anything and are simply used as a brand.
LBC was owned between 1994 and 1996 by Reuters, who for most of that time operated the station as London News 97.3, a rolling news and travel information service on the FM band, and the phone-in driven service London News Talk 1152 on the MW band.
Between 1996 and 2002 LBC was part of London News Radio Limited, a company owned jointly by ITN, Daily Mail & General Trust, Reuters and the GWR Group. This new consortium revived the LBC name on 1152AM on 1 July 1996. At the end of 1996 the FM service was relaunched as News Direct 97.3FM.
LBC is currently owned by the Chrysalis Group and the brand is used for two services; LBC 97.3 - a talk format station - and LBC News 1152, a rolling news service.
Between 2002 and 2005 LBC Radio's managing director was Mark Flanagan. Since 2005 David Lloyd has filled that role.