Spectator made £6.6m loss in year Paul Marshall paid £100m for title

Paul Marshall's media empire reports more big losses

The firms behind right wing outlets like GB News and the Spectator have recorded another round of large financial hits

Spectator made £6.6m loss in year Paul Marshall paid £100m for title

The 15-month sale process of The Spectator resulted in total costs to the weekly news magazine of £11.4m. The Spectator was bought by GB News investor and hedge fund manager Sir Paul Marshall via his company Old Queen Street Ventures Ltd in September 2024. In the 2023 financial year, the sale process cost The Spectator £6.4m. New accounts on Companies House now show a further £5m cost in the year to 31 December 2024. These costs included receive…

The Spectator reports a pre-tax loss of £6.6M in 2024, up from a loss of £6.9M in 2023; its 15-month sale process cost the weekly news magazine £11.4M

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