Financial Times narrows its losses

The Financial Times has narrowed its losses from £15m to £6m for the first half of 2004 and saw advertising revenues rise three per cent year on year.

The Financial Times has narrowed its losses from &£15m to &£6m for the first half of 2004 and saw advertising revenues rise three per cent year on year. Parent group Pearson saw first-half losses drop from &£138m to &£112m for the same period.

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