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Evening Standard
Evening Standard
Business
Joanna Hodgson

Bloomsbury Publishing cheers “best ever” financial performance as sales leap

Readers are turning to books as an affordable treat in challenging economic times, Bloomsbury Publishing said as it revealed its “best ever” annual financial performance.

The publishing house said consumers have been cutting back “on more expensive forms of diversion”, and chief executive Nigel Newton added that “people are marching into book shops all over the world” post-pandemic.

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