Hotline: Global Radio cuts its losses

Global Radio, the UK's largest commercial radio group, cut its losses to £31 million in the year to the end of March 2010, down from £277 million in the previous year, according to accounts set to be published by Companies House.

Commercial revenues at the group were £180.6 million, up 0.6 per cent year on year. The £277 million losses in the previous year were partly due to a £193.5 million write-off.


Become a member of Campaign from just £51 a quarter

Get the very latest news and insight from Campaign with unrestricted access to ,plus get exclusive discounts to Campaign events

Become a member

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an alert now

Partner content