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Writedown pushes Johnston Press deep into red

A mammoth £109m write-down related to the declining worth of its titles pushed regional newspaper publisher Johnston Press, the owner of the Scotsman and Evening News, deep into the red, the group�s latest financial results revealed yesterday.

A mammoth £109m write-down related to the declining worth of its titles pushed regional newspaper publisher Johnston Press, the owner of the Scotsman and Evening News, deep into the red, the group's latest financial results revealed yesterday.