The Week: City news - Johnston to raise £200m

Johnston Press has announced it plans to raise more than £200 million in new equity to fight the effect of falling advertising revenues, in part through issuing cut-price shares.

The group, which publishes more than 300 regional and local papers, hopes to raise the equity through a £212 million rights issue combined with selling a 20 per cent stake to the Malaysian investment holding company Usaha Tegas.

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1 Job description: Digital marketing executive

Digital marketing executives oversee the online marketing strategy for their organisation. They plan and execute digital (including email) marketing campaigns and design, maintain and supply content for the organisation's website(s).