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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

Taylor Swift tour and job cuts help lift profits of Mirror publisher Reach

Taylor Swift fans queue outside Murrayfield ahead of her concert.
Taylor Swift fans queue outside Murrayfield ahead of her concert. Photograph: Jeff J Mitchell/Getty Images

Taylor Swift’s Eras tour, the Euro 2024 football tournament and the UK general election – as well as a deep round of cost-cutting and job losses – helped the publisher of the Mirror and Express newspapers to its best quarterly performance in almost two years.

Reach reported a 23% increase in operating profit to £44.5m in the first half and a return to growth in digital revenues for the first time since the third quarter of 2022.

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