Another bad start to the journalistic week.

comes with the news from DGMT which has announced first thing this morning that it expects to make 1,000 job cuts across its Northcliffe regional titles in the face of falling advertising revenues in the first quarter of this year.

In an update to the stock exchange,the company said that profits in the first half of its cuurent trading year were substantially lower than the previous year.

It still though expects to make a profit of around £187m after exceptional cost items.

The company said that advertising revenue at its regional titles was down around 37 per cent and at the Mail group by around 24 per cent.

The job cuts will reduce staffing levels by around 20 per cent.

More bad results

The trail of bad news from the industry continues today with DMTG group reporting profits down and plans to cut costs worldwide by £100m in the face of declining advertising revenues.

Perhaps most worrying in the figures were the results for Northcliffe media,the groups regional arm,which saw profits down 32% and an alarming drop in revenue from advertising particually property classifieds and recruitment.