The Guardian’s parent company is poised to unveil a record loss

Business Insider
By Jake KanterJul 25, 2016, 5:21 am190 pts
The Guardian Media Group (GMG), owner of The Guardian and The Observer, is set to announce a record pre-tax loss of £173 million ($228 million) on Wednesday. The Financial Times has seen earnings figures circulated to senior executives at GMG and reported that the losses are set to be higher than expected. The…

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