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The latest figures from the Office of National Statistics have revealed an unexpected rise in inflation, which exceeded the Government’s target level of 2.5% for the first time in over two years. The underlying rate of inflation was 2.6% during August, up 4% points on the previous month. Falling car and petrol prices are thought… Continue reading Inflation Rate Reaches Unexpected High

Scottish Radio Holdings’ (SRH) Score Press has sold the Title Media division and its subsidiary Ireland on Sunday Ltd, which publishes the Ireland on Sunday newspaper, to Associated Newspapers for £7.4 million cash, the company announced this morning. SRH, which has built up a portfolio of 41 local weekly titles over the last six years,… Continue reading Scottish Radio Sells Ireland On Sunday To Associated

The UK stock market showed signs of recovery yesterday as Wall Street reopened for the first time since Tuesday’s attacks on the US. The FTSE 100 index showed sharp gains, in contrast to US markets which suffered a steep decline, and UK media companies appeared to be recovering from the tragic events of last week.ITV… Continue reading Sharewatch

Shares in Carlton Communications were down by 29p (13.5%) by midday today, whilst Granada stock was off 9Âźp (9.1%), following downgrades to ITV recovery forecasts by both HSBC and ABN Amro. “The summer has passed and the slowdown in ITV advertising continues unabated,” says ABN. The broker is now forecasting a 15% decline in ITV’s… Continue reading ITV Downgraded Again, Carlton And Granada Stock Falls

Scottish Radio Holdings’ (SRH) Score Press has sold the Title Media division and its subsidiary Ireland on Sunday Ltd, which publishes the Ireland on Sunday newspaper, to Associated Newspapers for £7.4m cash, the company announced this morning.SRH, which has built up a portfolio of 41 local weekly titles over the last six years, acquired the… Continue reading Scottish Radio Sells Ireland On Sunday To Associated

Chris Smith MP has signalled his intention to stay connected to the media world following his departure from the position of Secretary of State for Culture, Media and Sport earlier this year in favour of Tessa Jowell (see Smith Replaced By Jowell Following Labour Landslide). He has accepted the role of chair of a consumers… Continue reading Chris Smith Joins Classic Panel

Blow Up Media, the giant poster contractor, is increasing the scope of its national network with the launch of a new office in Birmingham.The office, which will be run by Harvey Andrew Glen, formerly of More O’Ferrall, will manage sites in Scotland, Wales, the Midlands and the North of England and has already secured “high… Continue reading Blow Up Opens In The North

Last night’s MRG evening meeting discussed how the industry is moving beyond display advertising and is increasingly using sponsorship, promotion and direct marketing to reach consumers in “more subtle and creative ways.”Nicky Williams of ACNielsen MMS started the discussion by outlining the changing media environment. She explained that traditional media adspend is evolving as advertisers… Continue reading MRG Evening Meeting: Beyond Display Advertising

More Group has launched a scrolling version of its More Squares format and has signed a pre-launch deal with Vodafone who will be the first advertiser to use the new product.More Squares, which were launched as a static billboard format last April, have been fitted with the technical capability to scroll and will launch nation-wide… Continue reading More Group Launches Scrolling Squares