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January 6, 2021updated 30 Sep 2022 9:54am

Dubai-based investment group and pro-Brexit investor among £60m funders to back GB News as it recruits 120 journalists

By PA Media

Bosses of news channel GB News have confirmed two new backers for its 24-hour TV and online service set to launch in the UK later this year with the creation of 140 jobs.

In the latest funding round, Dubai-based investment group Legatum and one of the UK’s most prominent hedge fund managers, Sir Paul Marshall, have added their names alongside US broadcasting giant Discovery Inc.

The move means bosses at the news service will start recruiting 120 journalists and 20 support roles for the project chaired by former BBC presenter Andrew Neil (pictured).

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