Sales and profits at UK newspaper group Trinity Mirror have continued their decline in the first half of the year.
Revenues dropped 2.9% to £371m in the 26 weeks to 3 July, the company's latest interim results revealed.
Profits before tax fell to £28.9m - with underlying profits down 17% to £41.9m.
The firm may not itself be immune from the hacking scandal.
Three or four cases are due to be brought against the firm, according to lawyer Mark Lewis, who is representing a number of claimants, including the family of murdered schoolgirl Milly Dowler.
“The roll-out of our technology led operating model continues to deliver efficiencies and today we have announced an increase in our 2011 cost savings target to £25m.
“At the same time we’re investing across the group to diversify and grow revenues.
“Following changes to the national Sunday newspaper market we are highly encouraged by the considerable circulation volume growth seen by our national Sunday titles.”
All this while Sly "Arse" Baily got a 300 grand bonus on top of her 600grand salary for making thousands of people redundant and leaving the local press exposed to accusations of shipping their own printing presses out of the city. http://liverpoolpreservationtrust.blogspot.com/2011/07/liverpool-daily-ghost-reflecting-local.html
Did Alastair Machray the grim reaper really become a journalist to sack hundreds of people.
The real reason for loss of circulation is you just cant trust them at Trinity "Smoking" Mirror Group.
‘Never let facts get in the way of a good story……’ - We’ve just clocked that on the day that we reported on Birkenhead MP Frank Field’s toerag tirade against Anti-Social Behaviour All That Glitters that Wir...