Newspaper profit details

The Leicester Mercury is part of the Northcliffe Media Group, which in turn is part of the Daily Mail and General Trust - owners of, amongst other things, The Daily Mail.

I've mentioned elsewhere that times are tough in the newspaper business at the moment, just how tough can be seen from today's half year figures from our parent company. See here for the Guardian's take on our performance, or here for the group's announcement (you'll need to scroll down to find Northcliffe Media details). UPDATE: Press Gazette has a more Northcliffe-centred version.

It's not pretty and we've had to make some unpleasant decisions ... and we're not out of the woods yet.