The broadcaster has paid substantial sums to attract politicians and on-screen talent including Nigel Farage, Arlene Foster, and Conservative MP Jacob Rees-Mogg
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”.
Conservative British TV channel GB News has reported losses of £31 million after its first year on the airwaves, reports The Manc.
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.
Leeds Christmas Markets is returning to the city centre in just two months' time and some major plans and changes have been announced.
Although Pop Princess Zara Larsson might want us to believe "Summer isn't over yet", it's safe to say that the recent downpours we've had across West Yorkshire disagree.
Leeds Christmas Markets are also ringing in the new season with a jam-packed video posted to social media announcing all the current plans and changes for its 2026 schedule.
This year, outdoor events company Thor’s Tipi are stepping up as the all-new operators of this Christmastime spectacular and are organising a celebration where 'even if you’re not from Yorkshire, you’re going to leave being from Yorkshire'.
Leeds Christmas Markets are returning to Leeds City Square from Thursday 19 November with plenty of Yorkshire-centric stalls / Credit: The Hoot Leeds
Although Leeds locals already know that Yorkshire is 'God's Own Country', the Leeds Christmas Markets team are making sure that the county is represented through its food, drinks and wider stalls.
In a video uploaded to its social accounts, foodie expert and Little Bao Boy Founder James 'Jimmy Chews' Ooi was given the honour of revealing all these exciting plans.
Informing everyone that "You best come hungry", Ooi noted that some of the phenomenal vendors taking part include La Grassa and The Savvy Baker.
Real Markets Yorkshire and Stump Cross Caverns are also getting into the Christmas spirit and setting up their own stalls at Leeds City Square this November.
La Grassa is just one of many familiar foodie faces returning to Leeds Christmas Markets / Credit: The Hoot Leeds
Rated restaurants and bars are contributing to the festive frenzy too, like Cabaret Thursdays at Italian restaurant Bibi's and beer garden destination Green Room are hosting singalongs at Leeds Christmas Markets.
There will be plenty of activities for families happening all around the unofficial capital of West Yorkshire like elf-themed scavenger hunts, various elves on various shelves and lots of live music.
If it wasn't apparent already, in the words of Jimmy Chews himself, there's about to be "So much Christmas that Mariah Carey is going to look like the Grinch".
Leeds Christmas Markets are returning to Leeds City Square from Thursday 19 November and there will be plenty of exciting announcements to the upcoming celebrations ahead of the big day.
Aldi has announced a ‘special’ 62-hour closure of all its 1,000+ stores across UK
Emily Sergeant
Aldi has confirmed it'll be closing the doors of all of its stores across the UK for 62 hours this year.
Christmas is always known to be one of the busiest periods of the year for the retail industry, and Boxing Day has a reputation for being the ultimate day for shopping deals and discounts in the UK - but this year, just like it has done on several years in the past, Aldi has made the decision to close all of its stores nationwide on this bank holiday.
The supermarket retailer says it wants to thank its colleagues 'for all their hard work' throughout the year by giving them some extra time to spend with their families.
This means that all Aldi stores will be closed on both 25 and 26 December.
That's not all though, as stores will also be closed on New Year’s Day, and will reopen once again on Saturday 2 January 2027.
Aldi has announced a 'special' 62-hour closure of all its UK stores / Credit: Aldi UK
Opening hours at different Aldi stores across the UK will vary in the lead-up to Christmas, so it's important to check the times for your local store, but the retailer has confirmed that most branches will be operating extended hours to 'ensure customers can stock up ahead of the big day'
In the interim period between Christmas and New Year, stores will reopen as usual on Sunday 27 through to Wednesday 30 December, with reduced hours also likely on Sunday and New Year's Eve.
Speaking on the decision to shut up shop for a full 62-hour period this festive season, Rachel Geary, who is the Communications Director at Aldi UK, said: "Christmas is a special time for our customers, but it is also one of the busiest periods of the year for our teams.
"Our colleagues work incredibly hard to ensure customers can pick up everything they need ahead of the big day.
"We never take that effort for granted. Closing our stores on Boxing Day is one way of saying thank you and giving colleagues a proper chance to rest, switch off and spend more time with the people closest to them."