The publisher of the Daily Mail and Mail on Sunday today said it had slashed its UK regional newspaper workforce by another 8% as revenues and circulation continued to fall.

Daily Mail & General Trust today said it saw a record full-year performance from its Daily Mail and Metro newspapers as it reported a 23% leap in profits.

Newspaper group Daily Mail & General Trust said it expects to report significantly higher profits in its newspaper operations for the year to October 3.

The publisher of the Daily Mail and the Mail on Sunday today revealed a return to profits growth in the half year and predicted key divisions would continue to improve.

The FTSE 100 Index saw its third day of gains in a row today amid hopes of a rescue deal for the struggling Greek economy.

The publisher of the Daily Mail and the Mail on Sunday said today it made an encouraging start to the year after advertising revenues rose in its national newspaper division.

The publisher of the Daily Mail newspaper reported a 23% plunge in annual profits today, but said its flagship title had the second best year in its history.

Newspaper publishers Johnston Press and Trinity Mirror reported more advertising pain today, but offered a glimmer of hope amid signs revenue declines are bottoming out.

Barclays and Lloyds Banking Group suffered more heavy losses today as the bloodbath in the banking sector showed no signs of easing.

FRESH speculation has arisen over the future ownership of Independent News & Media’s (INM) two main London-based newspaper titles — the Independent and the Independent on Sunday — after meetings were held with Russian billionaire investor Alexander Lebedev.

The owner of the Daily Mail announced plans today to save £100m (€118m) as advertising markets suffer and costs rise.

The FTSE 100 Index was heading for its first positive session of the week today with financial stocks setting the pace.

Broadcaster ITV and Carphone Warehouse are to be evicted from the FTSE 100 Index after the latest quarterly reshuffle, it was confirmed today.

Daily Mail & General Trust today said the gathering economic gloom had hit advertising revenues from its newspapers.

ASSOCIATED Newspapers (Ireland), the publisher of the Irish Mail on Sunday, slipped out of the red last year, with pre-tax profits of just over €900,000.

Daily Mail & General Trust today shrugged off recent economic turbulence with a better-than-expected start to the year.

Crisis-hit Northern Rock will be booted out of the FTSE 100 Index on Christmas Eve under the biggest overhaul of the index since the September 11 terrorist attacks, it was confirmed today.

Stricken bank Northern Rock is one of seven blue chip firms expected to be relegated from the FTSE 100 Index today, in its biggest shake-up since the September 11 terrorist attacks.

Stricken bank Northern Rock was today named as one of seven blue chip firms set for relegation from the FTSE 100 Index in its biggest shake-up since the September 11 terrorist attacks.

The London market enjoyed a second winning session today after better-than-expected results from Vodafone and a bright start on Wall Street.

Vodafone shares climbed 3% today after the mobile phone giant raised revenues and operating profits guidance for the current financial year.

Media group Daily Mail & General Trust today suggested fears over the impact of the credit crisis on advertising revenues were unfounded as it reported further growth across its titles.

London’s leading shares hit positive territory for the fifth session in a row today despite losing hold of strong gains earlier in the session.

The London market surged higher today as investors returned to the fray following Friday’s dramatic plunge into the red.

Blue chips lost almost 2% of their value today after fresh concerns over US sub-prime mortgages saw the London market plunge into the red.

The London market was grounded today as concerns regarding the US sub-prime mortgage sector resurfaced following two days of gains.

Blue-chip takeover activity and a flurry of broker notes helped limit falls on London’s leading share index today.

ASSOCIATED Newspapers (Ireland), the publisher of the Irish Mail on Sunday, continued to suffer huge losses last year.

The London market staged a rally in afternoon trading today, recouping some of its losses from earlier in the session following falls in China overnight.

Media group Daily Mail & General Trust said today it made more than half of its profits from non-newspaper business in the first half of its financial year.

The FTSE 100 Index made strong gains as London investors followed the lead of counterparts on Wall Street today.

Sales of the Irish Daily Mail plunged in March, according to the latest Audit Bureau of Circulation figures.

The London market has finished in positive territory despite downbeat US manufacturing figures giving blue-chips a jolt late in the session.

A surge in property stocks buoyed the London market today after a bullish note on the sector.

Strong commodity prices have ensured the London market remained in positive territory as it sought to recoup losses after last week's correction.

The London market was on the front foot today as higher oil and metal prices buoyed commodity stocks.

ASSOCIATED NEWSPAPERS has confirmed plans to sell the ad publication Buy & Sell.

Newspaper group Trinity Mirror put the Racing Post and more than 100 regional titles up for sale today as it reported falling advertising revenues and declining circulation.

The board of Trinity Mirror, one of the UK's largest newspaper publisher, met today to discuss a review of its business which could lead to the sale of its national or regional newspaper titles.

THE Daily Mail and General Trust has said circulation figures for the Irish edition of its Mail on Sunday publication are very encouraging, despite underwhelming consumer support for its daily edition here.

Tobacco stocks jumped today following a favourable European Court ruling on import taxes.

Newspaper publisher Daily Mail & General Trust posted a 9% rise in profits today and reported “a gentle recovery” in advertising.

The founders of the UK price comparison website simplyswitch.com were set for a windfall today after they agreed to sell the business to the owners of the Daily Mail for £22m (€32.7m).

The internet will overtake national newspapers this year to become the third biggest medium for advertising spending, according to a report today.