Sky returns to profit with £1bn turnaround ahead of 600 job cuts

Media and telecommunications giant Sky is back in the green after a huge turnaround, bouncing back from a £773 million loss in 2023.  The Comcast-owned firm has posted a pre-tax profit of £253m for its 2024 financial year, in accounts filed on Companies House.  Revenue for the year also increased slightly to £10.3 billion. In … Continue reading Sky returns to profit with £1bn turnaround ahead of 600 job cuts