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A new forecast from the National Institute of Economic and Social Research (NIESR) predicts that the world economy will continue to expand vigorously, growing by 5.0% in 2007 and by 4.8% in 2008. The strong upturn is expected to continue over the next few years, with world GDP increasing by 4.8% in 2008 and growth… Continue reading Global Economy To Expand Vigorously

The UK economy is predicted to grow by 2.8% this year, driven mainly by consumer spending and investments, according to a new forecast from the National Institute of Economic and Social Research (NIESR). The NIESR adds that after rising in 2005 by 1.4%, the slowest pace since 1992, personal consumption increased by 1.9% in 2006… Continue reading UK Economy Predicted To Grow 2.8%

The latest advertising forecast from Merrill Lynch estimates 5.0% UK advertising growth in 2007, higher than the UK forecasts from both Aegis and Zenith. The financial analyst forecasts 3.6% global advertising growth in 2007, comprising 4.3% Western European growth, 4.0% Latin American growth, 5.0% Asia Pacific growth and 2.9% US growth. This is lower than… Continue reading 5.0% Ad Growth Forecast For UK In 2007

GMG Radio is to rebrand its newly acquired Saga stations as Smooth Radio in the middle of March, taking its number of Smooth stations to six.GMG acquired the three Saga stations in December 2006 (see Saga For Guardian Media Group), although the acquisition was only formally completed this week.As part of the March rebrand, the… Continue reading GMG’s Saga Stations Go Smooth

Waking The Dead once again managed to lure more than 6.5 million adult viewers to BBC One, with part two of the ‘Mask Of Sanity’ story line giving the channel a 27.4% audience share.The conclusion of the two-part drama Trial And Retribution on ITV1 put up a good fight, taking a 23.5% share. Around 5.3… Continue reading All Eyes On BBC One’s Waking The Dead

Emap is apparently in serious discussions with Channel 4 about joining the 4Radio bid for the second national digital multiplex.According to reports in the trade press, Emap is expected to announce plans to attach one of its magazine titles to the bid.In December it was rumoured that 4Radio might join with UBC Media and UTV… Continue reading Emap Could Join 4Radio Second Multiplex Bid

The editor of the Evening Standard, Veronica Wadley, has claimed that readers are coming back to the title having tried the afternoon free papers currently available in the capital.Wadley was talking to the Guardian as the Evening Standard launches a new advertising campaign using the slogan ‘There are papers. Then there are Standards’.Wadley said of… Continue reading Editor Says Readers Returning To The Standard

Inside Out, News International’s monthly home and style magazine, is to close less than a year after its launch, due to competition in the sector.The title, which has never released circulation or readership figures, was launched in March of last year by News Magazines, a division of News International.At the last ABC release, the home… Continue reading Title Closure Shrinks News International’s Magazine Portfolio

Traditional broadcasting will make way for IPTV functionality in the next five years, according to Microsoft chairman, Bill Gates.Speaking at the World Economic Forum in Switzerland, Gates predicted that the internet would revolutionise television due to an explosion of online video content and the merging of PCs and TV sets.“I’m stunned how people aren’t seeing… Continue reading Internet Will Revolutionise TV, Says Gates

Almost 5.2 million adults on average tuned in to witness Channel 4’s happy ending, as Bollywood beauty Shilpa Shetty was crowned the winner of Celebrity Big Brother 2007, with a total of 63% of the public vote.A peak of 6.5 million adults tuned in towards the end of the programme, whilst the on-screen return of… Continue reading Big Bro Finale Crashes Out To Top Gear