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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

Losses deepen at GB News as network moves to fend off rival TalkTV

Former politician Nigel Paul Farage presents his first show on GB News channel in London.
Nigel Farage presents his first show on the GB News channel in London. Photograph: Sopa Images/LightRocket/Getty Images

GB News made a loss of more than £30m in its first year on air, as the right-leaning news channel invested in hiring presenters to combat the launch of rival TalkTV.

The controversy-prone channel which launched in June 2021 racked up a pre-tax loss of £30.7m in the year to the end of May 2022, a period in which it hired former Ukip leader Nigel Farage to host a nightly primetime show.

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