The UK economy grew by 2.3% during 2003, according to Chancellor Gordon Brown, who delivered his eighth Budget this afternoon. Brown claims that the country is witnessing its longest period of economic growth since the Industrial Revolution. The Chancellor is maintaining his forecast of 3-3.5% economic growth for 2004 and 2005. Along with the US,… Continue reading Britain Enjoys Longest Economic Growth In 200 Years, Says Brown
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Last week Future Publishing appointed Robert Price as its new managing director, with responsibility for driving growth across a portfolio of 60 specialist magazines including Total Film, Official PlayStation 2 and Redline.In one of his first interviews since taking over the position, the man at the helm of the UK’s fifth largest consumer publisher told… Continue reading NewsLine Interview: Robert Price – Future Publishing
Regional newspaper group, Johnston Press, has posted a 38% rise in 2003 profits to £128.0 million. These include the first full-year contribution from Regional Independent Media (RIM), which Johnston acquired in 2002. The group says that like-for-like advertising revenues grew by 3.8%, with a rise of 3.0% in H1 followed by 4.6% growth in H2.… Continue reading Johnston Press Sees ‘Superb’ Year In 2003
RAJAR has lashed out at claims made by Wireless Group chairman, Kelvin MacKenzie, that its electronic measurement tests were “fatally flawed” and has dismissed the accusations as “ludicrous”.RAJAR was responding to legal action from the talkSPORT boss demanding £66 million in damages for advertising revenue he claims has been lost as a result of the… Continue reading RAJAR Dismisses Wireless Group Claims As Ludicrous
Pan-European broadcaster, RTL Group, moved back into the black in 2003, as pre-tax profits rose from 2002’s ₏56 million loss to a profit of ₏14 million this time. The group owns 65% of the UK’s Five, which reported positive earnings for the first time since its launch in 1997. In a broadly weak television advertising… Continue reading RTL Is Back In Black As Five Performs Well
GWR Group has increased its stake in Digital Radio Group (DRG), the third London digital multiplex, from 23.6% to 30.2%, it announced this morning. It has increased its holding through the £3.3 million acquisition of shares from Clubmend, Asian Sound and Matsushita Electric Europe.GWR provides a range of digital services on DRG through its NOWdigital… Continue reading GWR Raises Stake In London Digital Multiplex
There were 24.6 million high-speed internet subscribers in the US by the end of 2003, taking the total broadband penetration to more than 20% of residential households. According to new data from Leichtman Research Group (LRG), the country’s twenty largest cable and DSL providers – representing about 98% of the market – added a combined… Continue reading A Fifth Of US Homes Take Broadband In 2003
Chancellor of the Exchequer, Gordon Brown, stood up at 12:22pm to reveal his tax and spending plans for the next year. Key points of the 2004 Budget are as follows…Mr Brown said since 1997 Britain has sustained growth through two economic cycles without suffering the “all British disease of stop go”.Britain has enjoyed the longest… Continue reading Budget 2004 Coverage – The Chancellor’s Speech Live
Internet giant MSN has today announced an innovative deal with Columbia TriStar which will see users of its popular Hotmail service receive movie trailers streamed direct to their inbox.The new campaign, to promote Columbia Tristar’s Gothika, will run through March and into early April. The deal follows a similar venture last November, when trailers for… Continue reading MSN Opens Inbox To Direct Video Advertising
ITV and ZenithOptimedia UK have developed a new airtime sales initiative designed to encourage viewers to pay more attention during key commercial breaks on ITV1.The initiative will be used to promote the launch of a new banking retail system to safeguard against credit-card fraud. The chip and PIN system will encourage consumers to key in… Continue reading ITV Sales And Zenith Launch New Airtime Initiative
