UK Athletics has hailed a financial turnaround after posting a surplus

UK Athletics has hailed a financial turnaround after going from a deficit of £1.2m to a surplus of £107,000 – its first since 2017.

The accounts for the year to March 31 2025 saw losses slashed just three years after the track and field governing body appeared to be on the brink of bankruptcy. UK Athletics reported deficits of £1.2m and £3.7m in 2024 and 2023 respectively.

The accounts do not factor in revenue from July’s sell-out event at the London Stadium or new sponsorship backing from personal finance firm Novuna , but do involve the reduction of staff to 62 from 72.

The turnaround comes under the stewardship of UK Athletics chief Jack Buckner and chair Ian Beattie, and follows the launching of Athletic V

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