The media company behind LBC and The News Agents podcast has seen losses rise to £150m after borrowing costs wiped out growing revenues. Pre-tax losses at Global Media & Entertainment, which also runs Capital and Heart, rose from £130m to £150m in the 12 months to March 2025, according to newly filed accounts. The deterioration came even as revenues rose by £40m to £898m last year. While the business performed well, with underlying earnings before interest, tax and other costs up by 10pc to £155m, debt ...