Independent News & Media today said operating profit was down 37% for the 12 months to 23 October as ad revenue fell by nearly a fifth.
But the publisher of the Independent and Independent on Sunday said demand for ads was stabilising and its performance had “marginally improved”.
INM is holding a meeting on 10 November to discuss its repayment of a €200 million (£181 million) bond originally due in May.
Moody's has sent shockwaves through the global banking system and sparked fury in the City, as the ratings agency threatened to slash the...
One of London's most senior bankers is calling on the government to issue a renminbi-denominated bond as part of a charm offensive to boost...
"After going to hell and back this is a day to remember," said fired Olympus boss and whistle-blower Michael Woodford after seven executives...
Ian Cheshire, B&Q owner Kingfisher's chief executive, and his top team are set for bumper payouts after smashing its bonus scheme's targets
European stock markets were jittery and the euro has dropped to its lowest level in four weeks as the brinksmanship between Greece and its...
Add £1000 python skin Gucci handbags to the list of things that remain popular despite the economic gloom
BAE Systems has raised the prospect of further job cuts as Britain's biggest manufacturer announced a disappointing set of results for 2011...
The economy might be in dire straits but Brits still love a pint down the pub
Is it time for Unilever to consider breaking up?
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