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The Guardian - UK
The Guardian - UK
Business
Jim Waterson Media editor

Guardian Media Group makes record revenues for news business

Two people walk past the Guardian and Observer offices in Kings Cross, central London.
Print sale declines and a weak advertising market in the UK were partly offset by reader contributions from North America and Australia. Photograph: Alicia Canter/The Guardian

The Guardian’s parent company made record revenues for its news business last year as the group hired new staff and pushed for further international growth.

Total revenues at Guardian Media Group (GMG) increased to £264.4m but the company recorded a cash outflow of £21m in the 2022-23 financial year, in line with planned spending.

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