Library spending fell by £20m in 2019/20 amid warnings of further cuts

New figures show total spending on Great Britain's libraries fell by £20m in the last financial year, as Libraries Connected warned more budget reductions are on the way. Continue reading at 'The Bookseller'

[ The Bookseller | 2020-12-04 10:12:19 UTC ]

Other news stories related to: "Library spending fell by £20m in 2019/20 amid warnings of further cuts"


Pursuit to publish first history of controversial cycling organisation

Profile Books' cycling imprint Pursuit is to publish The Medal Factory, the first history of the controversial British Cycling organisation, which is the main national governing body for cycle sport in Great Britain. Continue reading at The Bookseller

[ The Bookseller | 2017-03-18 00:00:00 UTC ]
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Blackwell's 2016 financial results reflect 'challenging' year

Blackwell’s losses deepened in its last financial year, with the move of one of its flagship campus shops in Manchester to a temporary venue a contributing factor. Continue reading at The Bookseller

[ The Bookseller | 2017-03-18 00:00:00 UTC ]
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Fairfax Media announces half-year profit and plan to keep printing newspapers

Greg Hywood says company will keep printing Sydney Morning Herald and the Age ‘for some years yet’ and may spin off Domain real estate business Fairfax Media will continue to print its daily newspapers for several years, its chief executive, Greg Hywood, confirmed at the company’s results... Continue reading at The Guardian

[ The Guardian | 2017-02-22 00:00:00 UTC ]
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'Staggering' £25m fall in libraries spending revealed

A total of 67 libraries have closed in Great Britain this year, while library funding has been slashed by £25m, figures from the Chartered Institute of Public Finance and Accountancy have revealed. Continue reading at The Bookseller

[ The Bookseller | 2016-12-08 00:00:00 UTC ]
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Pottermore returns to growth

Pottermore, the digital content company for J K Rowling's Harry Potter books, returned to growth in its last financial year as the firm’s decision to make its ebooks and audiobooks available via Amazon, Apple, Audible and others “really paid off”. Continue reading at The Bookseller

[ The Bookseller | 2016-11-23 00:00:00 UTC ]
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Bernie Corbett steps down at Writers' Guild

Bernie Corbett, general secretary of the Writers’ Guild of Great Britain, has stepped down after 15 years at the helm of the trade union. Continue reading at The Bookseller

[ The Bookseller | 2016-05-05 00:00:00 UTC ]
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Clays' parent company issues profit warning

St Ives, the parent company of book printer Clays, has warned of lower profits for the final quarter of 2016 and the next financial year because of “global economic uncertainty”. Continue reading at The Bookseller

[ The Bookseller | 2016-04-27 00:00:00 UTC ]
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Fairfax Media posts $27.4m profit despite lower print advertising revenue

Property website Domain increases digital revenue by 37% and continues to prop up Fairfax’s overall profit as editorial restructure is announcedFairfax Media, publishers of the Age and the Sydney Morning Herald, have returned a net profit of $27.4m for the first half of the financial year... Continue reading at The Guardian

[ The Guardian | 2016-02-19 00:00:00 UTC ]
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Amazon's third quarter sales rise 23%

Amazon saw a 23% rise in sales in the third quarter (ending September 30th) to $25.4bn ($20.6bn in third quarter 2014).  Net income stood at $79m in the third quarter, compared to a loss of $437m in the same period in 2014. The results follow a profitable second quarter of the year. Amazon is... Continue reading at The Bookseller

[ The Bookseller | 2015-10-24 00:00:00 UTC ]
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Book revenues decline in Wiley third quarter

2014 acquisitions Profiles International and Crossknowledge helped John Wiley & Sons to a third quarter revenue rise of 5% on a constant currency basis (2% including the impact of foreign exchange), at $465m. However, the company said organic revenue – excluding the impact of the buys - was... Continue reading at The Bookseller

[ The Bookseller | 2015-03-11 00:00:00 UTC ]
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Children's, Harlequin and backlist sales boost HarperCollins

A strong performance from HarperCollins and the acquisition of Harlequin has boosted parent company News Corp's quarterly results. Revenue for publisher's worldwide operation for the second quarter of the financial year, covering the three months to December 31st 2014, increased 20% from $391m... Continue reading at The Bookseller

[ The Bookseller | 2015-02-07 00:00:00 UTC ]
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Waterstones cuts losses as Daunt looks ahead with 'optimism'

Waterstones cut its losses in its last financial year with managing director James Daunt describing it as year of “significant progress” and insisting that the business was edging towards profitability. It is the second consecutive year of reduced losses at Waterstones under Daunt, and includes... Continue reading at The Bookseller

[ The Bookseller | 2015-02-06 00:00:00 UTC ]
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Ordnance Survey prepares for GovCo status

Proposals to change Ordnance Survey from a Trading Fund into a government-owned company [GovCo], which will enable it to introduce more products and services and to grow more quickly, have moved one step closer. This week Matthew Hancock, minister of state for business, enterprise and energy,... Continue reading at The Bookseller

[ The Bookseller | 2015-01-24 00:00:00 UTC ]
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Daunt: 'Waterstones could break even this financial year'

Waterstones will “break even” this year if the retailer has a good Christmas, according to its m.d James Daunt. In an interview with the Guardian, the Waterstones boss said the chain’s intention was to eradicate its losses by the end of its financial year. “We are heading towards break-even in... Continue reading at The Bookseller

[ The Bookseller | 2014-12-02 00:00:00 UTC ]
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Stanfords 'on target' to return to profit

Stanfords bookshops have reduced their losses over the last year, with the company said to be “on target” to return to profit this financial year. The two travel bookshops, based in London’s Covent Garden and Bristol, achieved sales of £5.7m in the year to 31st March 2014, an increase of 0.15%... Continue reading at The Bookseller

[ The Bookseller | 2014-11-13 00:00:00 UTC ]
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News Corp publishing loses $2.1bn

News Corporation said its publishing wing, which is set to be split off as a separate business, incurred losses of $2.1bn in the last financial year. Continue reading at BBC News

[ BBC News | 2012-12-21 00:00:00 UTC ]
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Jamie installed as favourite to top Xmas charts

Written By: Graeme Neill Publication Date: Thu, 29/09/2011 - 14:30 Bookmakers William Hill have made Jamie Oliver the hot favourite to be the bestselling Christmas title. Given the runaway success of last year's 30-Minute Meals, it is no surprise that the bookmaker has given Oliver short odds... Continue reading at The Bookseller

[ The Bookseller | 2011-09-29 00:00:00 UTC ]
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Penguin launches Oliver app

Written By: Charlotte Williams Publication Date: Tue, 27/09/2011 - 09:15 Penguin has released Jamie Oliver's Food Guide app for Apple's iPad, iPhone and iPod Touch, with the guide now available for £2.99 from the App store. The app accompanies Oliver's latest title, Jamie's Great Britain,... Continue reading at The Bookseller

[ The Bookseller | 2011-09-27 00:00:00 UTC ]
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WHS launches share buyback scheme

Written By: Graeme Neill Publication Date: Wed, 31/08/2011 - 08:15 W H Smith has announced it is embarking on a share buyback scheme worth £50m for the next financial year. It did not disclose reasons for the initiative but it is a similar scheme to one it ran in the 2011 financial year, when... Continue reading at The Bookseller

[ The Bookseller | 2011-08-31 00:00:00 UTC ]
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