GB News reports losses of £31m after first year on air
The broadcaster has paid substantial sums to attract politicians and on-screen talent including Nigel Farage, Arlene Foster, and Conservative MP Jacob Rees-Mogg
Conservative British TV channel GB News has reported losses of £31 million after its first year on the airwaves.
The right-wing British television and radio channel first launched in June 2021 with promises to ‘shake up’ broadcasting, famously opening with Andrew Neil announcing: “We are proud to be British – the clue is in the name”.
However, it quickly suffered an advertiser boycott shortly after its debut with brands including Sainsbury’s and Ikea pulling ads from its channel.
Airing with shows from big names like ex-BBC journalist Andrew Neil, ex-UKIP Leader Nigel Farage, Daily Mail columnist Dan Wooton and ex-Sky broadcaster Colin Brazier amongst others, it has spent huge sums to attract on-screen talent and a year on its Companies House accounts for the year to 31 May 2022 report a loss of £30.7m.
The accounts show that GB News Limited reported advertising revenues of £2.97m, digital revenues of £564,000 and sponsorship revenue of £105,664, however, the cost of sales stood at £25.4m and operating expenses at £8.9m.
Yet the business has said that its directors are ‘satisfied’ with the results for the year and expect growth in the future.
Conservative politician Jacob Reese Mogg hosts a regular show on the channel called ‘State of the Nation’. / Image: GB News / Youtube
The reports follow warnings from bosses in February that the channel faced a tough financial environment, as they revealed it is now being financially supported by Brexiteer hedge fund tycoon Sir Paul Marshall and Dubai-based investment company Legatum.
At the start of March, the broadcaster moved its website from gbnews.uk to gbnews.com, which a spokesperson said: “allows us to reach a much larger potential global audience”.
The broadcaster has paid substantial sums to attract politicians and other talents including Nigel Farage, Arlene Foster, and Conservative MPs Esther McVey and Philip Davies.
According to PA Media, McVey was paid £58,650 by GB News in 2022 and Davies £46,203.
Press Gazette also found in December that GB News had spent more than any other publisher on payments to MPs, dishing out a total of £82,040 between October 2021 and September 2022.
Since then the company has hired two more sitting Conservative parliamentarians, Jacob Rees-Mogg and Lee Anderson, to host shows on the platform.
GB News said its average monthly reach according to BARB was 2.32 million in the 2021/22 financial year, an average linear audience share of 0.3%. A spokesperson said this figure had risen to 2.84 million by February this year.
Levi’s are the latest fashion brand to launch an Oasis collection
Danny Jones
In case you missed it amid the tidal wave of merch currently flooding our feeds and shops everywhere, global fashion brand Levi’s has become the latest label to launch an Oasis collection.
With the Live ’25 world tour now officially underway, it feels like not only are Oasis back on top, but that there’s a large-scale Britpop revival happening here in the UK and overseas.
In terms of fashion, the 1990s and early 2000s style has been steadily making its way into contemporary culture once again in recent years, but with seemingly every big name trying to hop on the marketing machine that is the Oasis reunion bandwagon, you can’t move for crossover.
Be they official collaborations like the one with Manchester City, adidas Originals; American fashion brand Abercrombie & Fitch bashing out merch, or a local t-shirt maker on Bury Market, that famous logo is absolutely everywhere – cue Levi’s latest launch:
Releasing just five or five main pieces (not including individual item variations), Levi’s Oasis gear has been kept pretty straightforward, simply relying on a less is more philosophy and the quality that the denim specialists are renowned for.
Nevertheless, there is an undeniably 90s feel to the approach.
As well as the standard Oasis band tee design, available in the brand’s main red, white and blue colour, as well as black, white and light blue – the Manchester City influences never stray too far, after all – there are a couple of other types of tee.
However, while we’re sure plenty of people might have a penchant for the parka, the undeniable star of the show for us is the Type II Trucker Jacket with the group’s name and ‘Live Forever’ stitched on the breast pocket.
Still, at £170, these sure-to-be collectors’ items don’t come cheap, and that’s not even the most expensive in the Levi’s x Oasis collection. Regardless, if you fancy treating yourself, you can find them here in Manchester and at the likes of The Trafford Centre.
Any of it pique your interest?
Don’t worry if not because, as mentioned, there is absolutely tonnes of Oasis clobber at various different price points all over the place at the minute.
Streamer AngryGinge ‘arrested and banned’ from Silvestone at the British GP
Danny Jones
Popular Manc influencer, ‘AngryGinge’, was arrested, fined and ultimately banned from Silverstone at this year’s British GP.
The Salford-born Twitch streamer, YouTuber and social media personality (real name Morgan Burtwhistle) was detained at the circuit after being arrested on suspicion of criminal damage.
Ginge recently starred in Soccer Aid 2025 and is a well-known face both on the internet and in the sporting world, regularly working in and around football, and is an avid Manchester United – even featuring in the club’s third kit launch video last year.
The 23-year-old and two other fellow streamers, ‘Chazza’ and ‘Samham’, were accused of criminal damage after sitting in an F1 car whilst recording around the Silverstone complex.
AngryGinge returned to streaming after being detained by police for 15 hours
The streamer and several friends were arrested for climbing into a display F1 car at the British Grand Prix pic.twitter.com/WDSYb6MVtj
“On Friday, July 4, NP received a report that a classic Formula 1 car on display at Silverstone Circuit during the British Grand Prix event had sustained several thousands of pounds worth of damage, which was alleged to have been caused by someone accessing the display stand and climbing into the vehicle.
“Officers carried out initial inquiries, and suspects were identified. Three men, aged 23, 25 and 27, were arrested on suspicion of causing criminal damage to a vehicle and taken into police custody.
“Following a thorough investigation into the circumstances of the incident, all three men were released with no further action.”
Burtwhistle went into more detail on the incident on socials, explaining that the trio were taken away in handcuffs and “locked up” for several hours – 15 hours, according to SamHam (Samuel Imie).
All three individuals deny causing any damage to the racecar, even despite users sharing clips from the livestream footage captured for the Red Bull online Content on the day that many argue incriminates them, or at least sounds like it – we’ll let you watch and decide for yourselves.
Ginge himself went on to detail that ridculousness of the situation, explaining how he was effectively detained for watching someone else climb into the vehicle.
He’ll be dining out in this one for some time, you can be sure of that.
He’s literally a brands dream isn’t he 😂 so quick and smart with it
Georgina Pellant -
10th March 2023 
