• Trinity Mirror Confirms Merger Talks With Express Newspapers
    The Daily Mirror group, Trinity Mirror, has confirmed it is back in talks with Richard Desmond about taking a stake in Express Newspapers, owner of the "Express" and the "Star." Trinity Mirror, which has seen its share price fall by 42% in the last year, said it was in "early stage" talks with Desmond's Northern & Shell, the parent company of Express Newspapers.
  • Customer Focus Gives Morrisons Best Christmas Ever
    Morrisons has recorded its best Christmas trading performance in seven years after a focus on improving the customer's shopping experience both online and offline. The grocer's like-for-like sales jumped 5.2% year-on-year in the nine weeks to 1 January. Morrisons attributes the performance to "improving the offer, becoming more competitive and serving customers better."
  • Gen Z Consumers Are Digital, But Impressed By Traditional Formats
    Gen Z consumers may be more focused on digital media consumption than their elders, but new research indicates they are consistently more positive about traditional media ad formats than standard digital alternatives. This finding is contained in the latest AdReaction study from Kantar Millward Brown, based on surveys of more than 23,000 16- to-49-year-olds across 39 countries.
  • Fake Health Stories Are Taking Over Facebook
    Misinformation published by conspiracy sites about serious health conditions is often shared more widely than evidence-based reports from reputable news organisations, according to analysis by The Independent. Of the 20 most-shared articles on Facebook in 2016 with the word "cancer" in the headline, more than half purport claims discredited by doctors and health authorities.
  • UK Tech Deals Peaked Before And Declined After Brexit
    British tech deals hit a record high in 2016, with the number of investment rounds and takeovers rising by 40% in a breakthrough year for UK start-ups. However, that growth tailed off after June's Brexit vote and funding fell into decline at the end of the year.
  • Losses Stacking Up At Black Cab Uber Rival, Hailo
    Troubled taxi app Hailo has fallen deeper into the red despite a rise in annual sales. The company, which allows customers to order a taxi directly from their smartphone, made a pre-tax loss of GBP14.1m in the year to December 2015, from a GBP10.3m loss a year earlier, after a GBP5.6m jump in costs and higher interest repayments on its debt pile ate into profits.
  • Senior MP Says Making Papers Pay Both Sides' Legal Costs Is 'Wrong'
    Plans to saddle newspapers with the cost of legal disputes regardless of fault are "wrong in principle" and could play into the hands of ambulance-chasing lawyers, the head of a parliamentary committee has said. Damian Collins, chairman of the culture, media and sport committee, said the proposals should not be implemented, as they risked harming freedom of the press.
  • Biggest December Retail Gains Were Online, Not The High Street
    The latest figures from Visa show that consumer spending rose by 2.6% year-on-year in December, rounding off the fastest-growing quarter for two years. Much of the pick-up was away from the high street, with Internet sales rising by 5.5% during the Christmas period, although several shops still recorded healthy sales as consumers made a last-minute dash for gifts.
  • Fitness First Offers Commuters Free Gym Access During The Tube Strike
    Commuters will be given free access to shower and gym facilities across Fitness First's 47 London outlets when they show their Oyster card during the strike. The health and fitness group ran a similar campaign in 2015 around a number of tube strikes during the summer. Fitness First said this year's campaign will ensure that Londoners have no excuse not to get their workouts done.
  • Motorsport Publisher Takes A Stake In Formula E
    A motorsport publishing business part-owned by a McLaren executive is taking a multimillion-pound stake in Formula E, the electric car-racing series. Sky News understands that MN Network, which recently bought F1 Racing and other automotive titles from Lord Heseltine's media group Haymarket, is acquiring the Formula E shareholding in a deal to be announced later this weekend.
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