Young children are exposed to fewer TV commercials for unhealthy food and drink products due to new rules, advertisers said today.

The media industry this week gave its clearest signal yet that traditional operators are finally getting to grips with the challenge posed by online rivals.

World news and information provider, Reuters, has appointed Irishman Niall FitzGerald KBE, as its new chairman.

The slump in advertising expenditure continued in the final quarter of last year, with broadsheet newspapers hardest hit, according to figures released today.