Financial Times FT.com

Bad news at Trinity Mirror

By Ben Fenton,Chief Media Correspondent

Published: November 13 2008 23:15 | Last updated: November 13 2008 23:15

Trinity Mirror yesterday said it would make 25 per cent more cost savings this year as advertising revenues dropped again.

Online growth, the sole source of solace for the press, fell almost two-thirds in the past quarter, said Trinity Mirror, whose chief executive is Sly Bailey.

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