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Operating Losses Widen At 'The Guardian'

Guardian Media Group operating losses have escalated by a further GBP10m to GBP68.7m for the year to the end of March. The Guardian and Observer publisher briefed in March that operating losses were expected to be GBP58.6m. But the FT reports that the final audited figure, to be released on Wednesday, will be even higher. GMG declined to comment.

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