GB News Sees Board Reshuffle as Sir Paul Marshall Steps Down, Lord Agnew Steps In
Sir Paul Marshall resigns from GB News' board to focus on other ventures, coinciding with Lord Theodore Agnew's appointment as new director.
- Sir Paul Marshall steps down from GB News board after three years, aims to focus on other business and philanthropic interests.
- Lord Theodore Agnew, former Treasury and Cabinet Office minister, replaces Marshall, bringing extensive business and government experience.
- GB News faces financial challenges with losses totaling £76 million, prompting plans to cut about 40 roles.
- Despite financial hurdles, GB News reports significant audience growth, particularly online.
- Marshall remains involved as co-lead investor and is eyeing a bid for The Telegraph amid ongoing auction process.