The Bank of England has delivered a pre-Christmas boost to hard-pressed manufacturers and retailers by cutting interest rates by a half-point.The Bank’s nine-member Monetary Policy Committee voted for the third month in succession to reduce its base rate for lending, moving it from 6.75% to 6.25%. However, this falls below the 1% cut which a… Continue reading Bank Cuts Interest Rate By 0.5%
Face and Arena, says that the market was not open to a magazine which didn’t primarily focus on ‘babes’.The magazine’s last issue, which featured a speed garage covermounted CD, still only managed to sell 48,000 copies – well below the title’s target circulation of 80,000. “There is only so much money you can spend,” said… Continue reading Wagadon’s Deluxe Closes After Eight Months
Associated Newspapers, publisher of the Daily Mail and Evening Standard in London, is planning to launch a new free daily newspaper to be given away to commuters.It is expected that the paper will be launched within the next six months, following year-long preparations and a reported £8 million investment. The morning title will feature news,… Continue reading Associated To Launch Free Daily In London
It has emerged that Sky News is to bid for the Talk Radio news contract, hoping to takeover from current providers, Independent Radio News (IRN).IRN’s contract for the service runs out at the end of the year, and the new director at Talk, Kelvin MacKenzie (see Newsline) is fielding pitches from both IRN and Sky… Continue reading Sky Bids For Talk Radio News
The Mirror is claiming a victory over its main competitor, the Sun, in the November ABC sales figures which are officially released this Friday.The Mirror says its sales for November are up by 66,000 year on year, where the Sun‘s have fallen (but only by 0.9%). Mirror Group’s managing director, Roger Eastoe, claims that the… Continue reading Mirror Claims November Circulation Success
Channel 4 and ITN today revealed details of the new look Channel 4 News, set for launch next year. Starting from 4 January, the programme will have a new look, a new set and, for the first time, an extended Saturday edition. The new set will feature a video wall and there will be more… Continue reading Channel 4 News Revamp Details
Channel 5 was risking losing the right to two additional digital channels in its delay to begin broadcasting its main service on digital terrestrial television (DTT), until it announced this morning that its DTT launch is on-track for next week.Although the channel is carried by BSkyB’s digital satellite service, it is the only terrestrial channel… Continue reading Channel 5 Confirms DTT Launch
Both EMAP and Carlton have joined the tests for the new audience measurement system being conducted by the UK arm of Arbitron, Continental Research (see Arbitron Test Run New Audience Measurement Device). Classic FM, Talk Radio, BBC GMR, Channel 4 and the BBC are also amongst the broadcasters involved in the field tests.The system uses… Continue reading EMAP And Carlton Join New Audience Measurement Tests
ITV has teamed up once again with Britannia Music in a sponsorship deal for its Record Of The Year 1998 programmes. Britannia has sponsored ITV’s broadcast of the Brit Awards for the last five years, and the event itself for the last ten years.Record Of The Year will air on Saturday 12 December with a… Continue reading Britannia To Sponsor ITV Music Awards Show
Amra, the regional sales house, has boosted its sales team by nine as it prepares to take on another 60 Trinity titles; Trinity recently acquired Amra (see Newsline).The new sales executives will work on display, including classified, and recruitment.Amra: 0171 820 1000
