August 2nd, 2012

Mirror Slump Eases As Sly Slinks Off

Sly Bailey might have only been shown the door by Trinity Mirror two weeks ago but there is already reason to celebrate as the newspaper group reported a rise in profits this morning. The Mirror‘s parent company made a pre-tax profit of £35 million in the last six months, up 21% year-on-year. The improvement has been attributed to a wave of cost-cutting measures implemented by Trinity Mirror bosses over the last few months.

No longer having to pay Sly’s huge pay packet might also have something to do with it…


9 Comments

  1. 1
    Kebab Time says:

    The Mirror is even more rubbish than the Guardian.

    Like

  2. 3
    Buster Gut says:

    At least they make money

    Like

    • 5
      polly pot says:

      Make money?
      Who would want to do such a grubby,dirty little thing as make a profit?

      I write for the benefit of left wing liberal humanity. But my words should be free at the point of use for all!

      The government embrace this philosophy and bung us £190 million a year to hide the losses.

      Like

      • 8
        Norman Stanley Fletcher says:

        Presumably you write your ‘pearls of wisdom’ pro bono, rather than expecting anything as grubby as a salary.

        Like

  3. 6
    Anonymous says:

    Does the Co-Op bung ‘em any dosh? I am given to believe both the LieBour party & the unions receive it from that source.

    Like

  4. 7
    Elsie Beattie (83 and a quarter) says:

    £7million does seem rather excessive for a newspaper bint, dear.

    Like

  5. 9
    keredybretsa says:

    Putting it plain, simple English. Constant reviewing of Human capital Investments for impact and cost effectiveness.

    Like


Media Reader

All Star Line Up for New BBC Theme Park | David Keighley
City AM’s Kate McCann Joins The Sun | MediaGuido
What Has 57 Heads, 12 Controllers and 321 Editors? | Press Gazette
Where are Brand’s Ideas? | Nigel Farage
BBC’s Biased Drama | Tim Montgomerie
Yet Another Press Freedom Row | Mail
Blair Gong for Deng Dong | Speccie
Philosopher King of Networked Journalism Stands Down | Charlie Beckett
Where Were You When Rusbridger Quit? | Speccie
Expenses Scandal Could Not Be Exposed Today | Press Gazette
Politico Coming to Europe | Politico


Find out more about PLMR AD-MS


Labour insiders turn on Ed over Powell’s latest gaffe:

“When is he going to stop promoting useless people? He was warned about her.”


Tip off Guido
Web Guido's Archives

Subscribe me to:






RSS




AddThis Feed Button
Archive


Labels
Guido Reads
Follow

Get every new post delivered to your Inbox.

Join 1,640 other followers