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Johnston Press to revamp incentive scheme

Johnston Press, the debt-laden publisher of the Scotsman and Yorkshire Post newspapers, is to revamp its £1.5m incentive scheme for new chief executive John Fry after falls in the stock market made pay-outs virtually unattainable.

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TIM SHARP - City Editor

JOHNSTON Press, the debt-laden publisher of the Scotsman and Yorkshire Post newspapers, is to revamp its £1.5m incentive scheme for new chief executive John Fry after falls in the stock market made pay-outs virtually unattainable.