Guardian’s Losses Hit £69M But It Gains More Than 50,000 Paying Members

The Guardian has confirmed losses of £69m for the last financial year but said it was making significant progress in its membership scheme, with more than 50,000 people paying to sign up.

Membership is a core part of plans by the publisher’s parent company, Guardian Media Group, to counteract falls in both print and digital revenue, which led to an £8m fall in total turnover to £209.5m.

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