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'Guardian' Membership Boost Helps Cut Losses

A boost in the number of Guardian memberships has seen the newspaper boost revenue and cut losses to GBP62.5m for the past year, compared to GBP100.4m for the year before. Some 230,000 new memberships were signed up for over the previous year, Press Gazette reports. By becoming a member, users pay GBP5m a month voluntarily to help support the paper.

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