REVIEW: Owners of Daily Mail warns advertising revenues likely to be flat this year

The owner of the Daily Mail and Mail on Sunday warned that advertising revenues are likely to be flat this year. The Daily Mail & General Trust said that national titles had almost recovered from the slowdown created by the Iraq war but that would not prompt an upturn in the newspaper market. The Associated Newspaper division of DMGT reported flat income of £419 million for the six months to March 2003. - The Guardian.