Johnston Press ad sales slump

SHARES in struggling regional newspaper publisher Johnston Press inched up yesterday despite reporting another slump in advertising.

The debt-laden group said print and digital advertising sales for the 18 weeks to 5 November fell eight per cent year-on-year as the faltering economic recovery hit business’ spending.

Johnston, whose top titles are The Scotsman and The Yorkshire Post, said display advertising – its largest revenue category – fell 3.4 per cent in the 18 weeks, in line with the declines seen in the first half of the year.