Record profits for Economist

Marion Dakers
THE ECONOMIST Group enjoyed record global circulation and profits last year, as revenues rose four per cent to £361.8m.

The publisher said circulation of the Economist jumped six per cent to top 1.5m print copies and 123,000 digital editions. Revenues from online operations almost doubled, making up for a 17 per cent drop in UK advertising revenue.

Pre-tax profits for the year to the end of March rose 8.3 per cent to £65m.