Particle.news

Download on the App Store

Financial Times Achieves Record Revenue and Subscriber Growth

Despite a decline in UK profits, the Financial Times reports a global revenue surpassing £500 million for the first time.

  • The Financial Times reached a record 1.4 million paying subscribers, with digital subscriptions increasing by 17%.
  • Global revenues for the Financial Times rose to £510 million in 2023, marking the first time the publication has exceeded half a billion pounds.
  • While global profits increased to £30 million, UK pre-tax profits fell to £3.9 million, attributed to rising staff costs and inflationary pressures.
  • The publication's events business, FT Live, reported its best financial performance ever, with a 14% revenue increase.
  • The Financial Times continues to expand its digital and corporate subscription base, offsetting a 7% decline in print readership.
Hero image