Daily Fail: Profits & shares in Britain’s most (in)famous tabloid nosedive | WHAT REALLY HAPPENED


Daily Fail: Profits & shares in Britain’s most (in)famous tabloid nosedive

The Daily Mail’s hysterical right-wing rhetoric could be driving away readers and advertisers. The British tabloid’s publisher has reported a staggering loss of £112 million ($151 million).

Daily Mail & General Trust (DMGT), which also owns the Mail on Sunday and the Metro, reported a 13-percent drop in profits to £226 million ($304 million) on Friday. Saying it had been “adversely affected by recent disposals and challenging conditions in some of our sectors,” it set gloomy forecasts for the future as well.

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