The Week: City news - UBM to close more titles

United Business Media, the owner of business magazines including Property Week and The Publican, is planning to close more titles from its portfolio of 120 after closing 15 magazines in the first six months of the year. The closures will follow a fall in pre-tax profits at UBM from £76.4 million to £59.7 million in the six months to the end of June.