The INM Group posts up a 15% dive in revenue; UK performs worst of all (18% fall); there’s a £40m half-year loss; assets disposal is continuing apace; and renegotiations with bondholders ongoing over loans.
Tricky stuff. Still, I’m sure the Belfast Telegraph headline writers will call it likes they sees it and not allow BT’s position within the INM stable of titles to cloud their judgment.
So here goes… The Belfast Telegraph thunders:
Oh. So everything’s actually fine then?
With headline writing like this, I wonder how history might have looked:
- British army puts up ‘comparatively resilient performance’ at Isandlwana
- Ratners jewellery ‘comparatively more resilient’ than prawn sandwich
- Maginot Line ‘comparatively resilient’ in challenging times: Petain
- Roman buildings ‘comparatively resilient’ to fire says Nero
Ah, well. INM do good things, would be a shame to anything catastrophic like the loss of The Indo etc. Best wishes INM!
PS. I used to be that optimistic sub on business pages. There but for the grace of God…