GB News

January 2021

“We’re thrilled to have such a broad range of high-calibre investors who share our belief that many British people are crying out for a news service that is more diverse and more representative of their values and concerns”
- Andrew Neil, Chairman
  • Books were 1.5x covered 
  • Discovery Inc. and Legatum were the co-lead investors

British businessman and philanthropist Sir Paul Marshall as well as other HNW individuals also participated in the round

Panmure Gordon acted as Sole Financial Adviser & Placement Agent on the Series A fund raise

In June 2021, GB News launched a new and highly differentiated TV news channel to provide real and balanced news with 100% British content covering the entire UK and matching digital, social and community presence 

  • Raised c. £60m to set up, launch and run the business operations over the next five years
  • Strong interest from a wide range of strategic investors, HNW individuals and family offices in the UK, Europe and the US


“This is a significant investment in British journalism at a time when it’s needed most. GB News will be proudly independent and fearless in tackling the issues people care about, especially in communities outside London”

Angelos Frangopoulos, CEO

Contact Panmure Gordon

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