GB News Loses nearly £31 million in First Year on Air

The GB News television studio in London
Photographer: Betty Laura Zapata/Bloomberg

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By Thomas Seal

March 9, 2023 at 8:45 AM UTC

This article is for subscribers only.

Conservative British TV startup GB News Ltd. lost £30.7 million ($36.4 million) in its first year on air on sales of just £3.6 million, accounts published Thursday show.

The figures, for the year ending May 2022, come days after UK regulator Ofcom found the station had breached broadcasting standards for a program with misleading coverage of vaccine safety data.