The Financial Times returned to profit in 2022 despite a drop in print circulation as the City newspaper affectionately known as the ‘pink’un’ focused its efforts on driving up digital subscriptions.
Paying print readership fell 16% to 135,000, the FT said, but digital subscribers rose 13% as pre-tax profits climbed to £6.8 million, up from a pre-tax loss of £3.2 million the year before.
