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Business

HEADLINES:

More jobs bad news at £128m Johnston


11.03.09

Advertising revenues at regional newspapers publisher Johnston Press have slumped 36% so far this year and more job losses look inevitable.

The group, which axed 1130 staff in 2008, said it would have to cut costs further.

It scrapped the final dividend after profits fell by 28% to £128 million last year.

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