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Published 2 months ago

GB News losses up 38% to £42.4m giving channel total deficit of £76m since launch

Summary by Ground News
Operating losses at GB News grew 38% to �42.4m in the year to May 2023. Annual Companies House accounts for GB News Limited show 80% year-on-year growth in revenue to �6.7m. But there was also a 63% growth in cost of sales as the broadcaster has continued to expand. In 2023 GB News had 295 staff versus 175 in May 2022.

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