Trinity Mirror boosts profit hopes

A cost-cutting drive helped the publisher of the Daily Mirror deliver an 11.5% rise in half-year profits, despite a further fall in revenues.

Trinity Mirror, which also publishes the Sunday Mirror and more than 100 local and regional newspapers, said revenues fell 4% in the 26 weeks to July 1 as its regional papers were hit by the economic malaise in northern cities and advertising slumped 10%.