The UK’s manufacturing industry is firmly stuck in recession, according to the August Purchasing Managers’ Index (PMI) published by the Chartered Institute of Purchasing and Supply (CIPS) this morning. The PMI dropped from 47.0 in July to 46.4 in August and the rate of decline for a number of key indicators increased during the month.… Continue reading Industry Surveys Show Deepening Gloom For UK Economy
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At the end of last week Zenith Media made further downgrades to its global advertising forecasts, cutting 2001 growth from -1.5% to -2.6% (see Forecasts). UK estimates were reduced from -0.5% to -0.3%. News of a change in Zenith’s advertising forecasts tends to send ripples throughout the industry and today stock in media companies Granada… Continue reading New Zenith Figures Could Indicate Full Consumer Recession, Says ABN
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The latest figures from the Audit Bureau of Circulations (ABC) show that the majority of the top ten regional titles saw a year on year decline in circulation.The paper with the highest ABC circulation for the period January to June 2001 was the Manchester Evening News, with 169,312. However, this was a year on year… Continue reading ABC Regional Newspaper Circulation
The advertising industry looks set for its worst year since the recession of the early 1990s, as Zenith Media has downgraded its global forecasts yet again. According to a report on FT.com, the agency is now predicting a global adspend decline of 2.6%. A couple of months ago it estimated a 1.5% fall. The US… Continue reading Zenith Cuts Ad Forecasts Again
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The NRS National Newspaper figures for the six month period to July 2001 show a year on year drop for the sector of 2.5%, with over half of all titles losing readers year on year.Worst affected was the Daily Express, which saw a 16.8% loss year on year, dipping below the 2m mark to 1.97m.… Continue reading National Newspaper NRS Round-Up – July 2001
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The latest figures from the Audit Bureau of Circulations (ABC) show that the majority of the top ten regional titles saw a year on year decline in circulation.The paper with the highest ABC circulation for the period January to June 2001 was the Manchester Evening News, with 169,312. However, this was a year on year… Continue reading ABC Regional Newspaper Circulation
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Future In Investment TalksEmbattled magazine and internet group, Future Network, is in talks with potential financial investors, according to reports from Reuters today. The news agency says that Electra Partners and Duke Street Capital are separately considering bids of between £80 million and £100 million.Future has declined to comment and it is thought that the… Continue reading Future In Investment Talks
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colspan=”5″>National Newspaper NRS Figures – July 2001
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ITV is believed to be planning on cutting the number of episodes of revived daytime soap Crossroads from five to four a week. The soap will also be broadcast at a slightly later time than its current 1.30pm slot and will be scheduled next to new programming including a cash prize gameshow.Crossroads original run was… Continue reading ITV To Cut Crossroads