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City

Profits plunge by nearly a third at Mirror publisher as newsprint costs soar

One of the UK’s biggest newspaper publishers has warned that newsprint inflation and reduced demand for advertising is knocking the industry as profits fell by almost a third. Operating profits at Reach, which owns the Daily Mirror, Daily Express ...

26 Jul 2022 at 12:14

Dividends paid to Reach shareholders would fund 7% pay rise, union says

Dividends paid to shareholders of the Reach newspaper group last year would have funded a 7% pay increase for staff, striking journalists say. Staff at many of the group’s national and regional titles staged a walkout on Wednesday following a ...

31 Aug 2022 at 18:21

City

Mirror publisher Reach to axe 200 jobs as it slashes costs

Daily Mirror and Express publisher Reach is to axe 200 jobs as part of major cost-cutting following a slump in advertising revenue. Shares in the company, which also publishes Daily Star, plummeted by a quarter on Wednesday morning after a ...

11 Jan 2023 at 15:01

City

Mirror and Express owner Reach reports fall in revenue after Facebook change

The publisher of the Daily Mirror and Daily Express newspapers faced a drop in digital revenue after Facebook changed its approach to news on the site. Reach said the number of views on its articles fell by a fifth (21%) in the nine ...

10 Oct 2023 at 08:02

City

Sales of Mirror and Express rose by a third after Queen’s death

Sales of the Mirror and Express newspapers soared by close to a third on the day after the Queen’s death as Britons rushed to snap up the historic editions. Despite soaring sales, the company revealed that it took a financial hit ...

11 Oct 2022 at 12:45

City

Boss of Mirror publisher Reach steps down after nearly six years

The chief executive of Mirror and Express newspaper publisher Reach has quit after nearly six years in the role to head up horse-racing company The Jockey Club. Jim Mullen has stepped down immediately “by mutual agreement”, with ...

31 Mar 2025 at 09:53

Horse Racing

Jim Mullen appointed Jockey Club group chief executive

Former Ladbrokes Coral supremo Jim Mullen has been appointed as the new group chief executive of The Jockey Club and will take up the role on June 1. Since 2019, the 54-year-old has been chief executive of Reach plc, the ...

31 Mar 2025 at 09:07

City

Mirror and Express owner Reach bolstered by Euros and news-heavy year

The publisher of the Express and Mirror newspapers said it has benefited from a more news-heavy year amid the UK election, Euros tournament and Taylor Swift tour, despite battling a “tough” backdrop for the industry. ...

31 Jul 2024 at 11:31

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