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Daily Mail owner sees 'weak' advertising revenue |
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Media group Daily Mail & General Trust (DMGT) has said that weak advertising revenues will hit profits this year.
The newspaper and consumer division has seen revenues fall 3% so far this year, DMGT said in a trading update.
However, the company added that there had been some improvement in national advertising trends since June.
Martin Morgan, chief executive, said a "weak consumer advertising environment means full year group operating profit will be lower than last year".
The media group reports its full-year results on 23 November. In May, it reported half-year pre-tax profits in line with expectations at £73m.
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New mobile tools popular in UK |
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LONDON: Consumers in the UK are increasingly using mobile phones to access geo-location tools and social networks, new figures show.
Kinetic Worldwide, the insights provider, surveyed over 500 adults across the UK, and reported that half of participants have already utilised location-based services (LBS) on their mobile phone.
Elsewhere, 43% of respondents expected to make greater use of such platforms in the future, including 48% doing so to meet people, and 26% uploading recommendations and looking for places to visit.
Over the panel as a whole, 44% of those questioned anticipated accessing promotional offers based on their current whereabouts via this route.
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Royal British Legion marks 90th anniversary |
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The Royal British Legion, the charity which provides care and support for veterans, has celebrated its 90th anniversary.
The charity, and many of those it has helped in recent years, were toasted in style at a party hosted in Downing Street.
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90 years of The Royal British Legion |
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The Royal British Legion was formed on 15 May 1921 bringing together four National Organisations of ex-Service men that had established themselves after the Great War of 1914-1918.
The main purpose of the Legion was straightforward: to care for those who had suffered as a result of service in the Armed Forces in the Great War, whether through their own service or through that of a husband, father or son. The suffering took many forms: the effect of a war wound on a man's ability to earn a living and support his family; or a war widow's struggle to give her children an education.
But even those who had come through the war relatively unscathed struggled with employment. As a result of the war, Britain's economy plummeted and in 1921 there were 2 million unemployed. Over six million men had served in the war - 725,000 never returned. Of those who came back, 1.75 million had suffered some kind of disability and half of these were permanently disabled. To this figure then had to be added those who depended on those who had gone to war - the wives and children, widows and orphans as well as the parents who had lost sons in the war, on whom they were often financially dependent.
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UK unemployment total rises sharply to 2.51 million |
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The number of people unemployed in the UK rose by 80,000 to 2.51 million in the three months to July, official figures have shown.
This is the largest increase in nearly two years, the Office for National Statistics (ONS) said. The jobless rate now stands at 7.9%.
Youth unemployment also rose sharply, by 78,000 to 973,000.
The total claiming Jobseeker's Allowance rose by 20,300 in August to 1.58 million.
The number of people in employment in the economy fell in the three months to July, by 69,000 to 29.17 million.
Read more here. |
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