The Guardian hands back £1.6m of furlough cash The newspaper has criticised the Government’s taxpayer-funded scheme for being available to firms with offshore links By Louise Moon 21 April 2021 • 9:56pm The Guardian has handed back £1.6m in furlough money it claimed from the Government, following the lead of other publishers. The Guardian furloughed at least 100 non-editorial staff in the early days of the pandemic, despite the financial strength of the Scott Trust which was established in 1936 to secure the financial and editorial independence of the newspaper “in perpetuity”. The Telegraph furloughed 90 staff in April before repaying the money in June, as did The Spectator magazine. […] Guardian Media Group reported broadly flat total revenues of £225m on Wednesday for the 2020-21 financial year. […] Last summer it said it expected revenues for the year to fall by about £20m due to lower circulation and advertising sales.
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