Financial Times FT.com

Johnston reports more pain for papers

By Ben Fenton, Chief Media Correspondent

Published: August 28 2008 03:00 | Last updated: August 28 2008 03:00

Johnston Press has illustrated the worsening conditions for Britain's regional newspaper sector by reporting a loss and providing a grim forecast for the rest of the year.

The publisher of The Scotsman and Yorkshire Post said advertising revenues in the first six months of the year fell 9.5 per cent in spite of a 52 per cent increase in sales from its websites.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this