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.

Topics

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus