MIX 107 will go off the air at 10am this morning.

The Local Radio Company, which owns the station based in Duke Street, has decided to hand back the broadcasting licence to Ofcom, after the station made losses of more than £90,000 last year.

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A statement said: “After 16 years of broadcasting local news and events to High Wycombe and South Bucks, Mix107 will cease transmitting at ten o'clock this morning.

“Starting as 1170 AM in 1993, it was the first radio station to be based in High Wycombe.

“Over the years after several management changes, the station changed its name to Swan FM after being awarded an FM licence for High Wycombe and shortly after that, to MIX107.

“The closure follows the recent takeover of The Local Radio Company by radio investment company UKRD.

“Plans had been made to co-locate Mix107 with its sister station in Aylesbury but UKRD has decided to close the station and hand the licence back to OFCOM instead.

“Just one of the existing on-air team is staying within TLRC, transfering to one of its remaining stations.

“A number of other stations held by the radio company have already been sold off.”