Keeping print profitable

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It is no secret that the majority of newspapers are losing money across the Western world. Traditional print media is suffering from digital competition and remains unsure how to take advantage of the opportunities brought about by websites and smart devices.The issue for newspaper and magazine publishers is that the digital side of the business is not growing at the same rate …

Increase in labour costs putting pressure on efficiency improvements

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The biggest cost for all business, direct or indirect, is labour. With the national minimum wage set to increase in October, businesses must consider the impact this will have on their costs. The changes mean the national minimum wage will rise to £6.19 per hour which represents an increase of 1.8%. Although this is below the current rate of inflation …