Pink Ink for Financial Times

25 February 2004

The Financial Times is this week expected to post a £25 million ($47m; €37m) loss for 2003 despite efforts to cut costs.

The ailing title -- flagship newspaper of publishing giant Pearson -- had been expected to break even last year after slashing outgoings to cope with the slump in financial advertising. However, City forecasters now believe the publication will remain firmly in the red.

That said, the FT Group of which the title is part is expected to show an improved profit after a good year for financial data firm IDC. Analysts believe Pearson overall will increase profit by £15m to £415m.

Data sourced from:; additional content by WARC staff