The Guardian revenue soars in Australia, as the UK lags

According to its latest full-year results, Guardian Media Group, owner of The Guardian and The Observer, has seen a 24% leap in revenue in Australia and New Zealand, despite the UK business taking a hit.

The publishing group saw £27.8 million (A$52.82 million) in revenue down under, a 24% increase year-on-year. The Australian and New Zealand markets are the third biggest ones for the media group, after the UK, and US and Canada.