The Week: City news - DMGT revenues suffer fall

Daily Mail & General Trust has reported revenue down by 9 per cent for the 11 months to 31 August.

The Daily Mail owner, which has issued the 11-month statement ahead of its year-end on 4 October, said that revenues at its national newspaper business, Associated Newspapers, fell by 16 per cent across the period. However, business-to-business revenues were 2 per cent higher than in the same period in 2008. DMGT said that Associated's ad revenues were down by 21 per cent across July and August, but said September is looking better.