Northcliffe Media cuts headcount by five per cent

Regional newspaper publisher Northcliffe Media has cut its staff by five per cent this year, according to parent company Daily Mail and General Trust.

In a trading update this morning, DMGT said it had cut the cost of running its regional newspapers by £45m since last September.

Advertising conditions in the regional press are "slowly improving", the company said, with like-for-like regional advertising revenue in the past 12 weeks up 2.4 per cent on the same period last year.

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