Financial Times FT.com

Lifeblood drains from local press

By Ben Fenton, Chief Media Correspondent

Published: March 31 2009 03:00 | Last updated: March 31 2009 03:00

In few places has news of the faltering economy been written more clearly than in the financial accounts of the regional press.

Between 3,500 and 4,000 workers, or about 10 per cent of the workforce, have lost their jobs in the past six months.

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