Boost for new year

THE Federation of Independent Retailers (NFRN) has praised JPI Media’s latest pro rata terms for newsagents.

On 27 December, the firm behind The Scotsman raised prices across 177 local and regional titles.

Prices increased by 5p or 10p, with retailers receiving pro rata profit margins across all affected titles.

Narinder Randhawa, national president for the NFRN, said: “This is great news and a timely New Year boost for thousands of retailers.