16 July 2018
British publishing houses broke all previous revenue records in 2017 to see their collective sales rise 5% to £5.7bn, driven by a growth in export sales which now account for 60% of publishers' revenues. However, while most areas of business performed robustly, domestic sales of textbooks to schools took a 12% hit, revealing that savage public sector cuts are starting to bite in the education. Sales of children's books also slid by 3%, while domestic sales of consumer e-books plunged by 9%.
