Profits up on job losses

Good news for Trinity Mirror as local newspaper profits rise

Trinity Mirror's stable of more than 40 Scottish local newspapers overcame tough trading in the industry to record a sharp increase in profits last year.

The group's Scottish and Universal Newspapers division owns titles including the Paisley Daily Express, the Ayrshire Post and the Dumfries and Galloway Standard.

Accounts show that S&UN reduced its overheads by cutting staffing levels from 422 to 374, which lowered salary costs from £10.2m to £9.4m.

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