Johnston Press PLC Share News (JPR)

Johnston Press suffered from 'subdued' advertising spending in the run-up to the general election, but the regional newspaper publisher has continued cutting costs and expects to deliver full-year results in line with expectations.Advertising revenues in the 18 weeks to May 18 fell by 7.1% on a like-for-like basis from the same period a year ago, Johnston, which publishes the Scotsman and the Yorkshire Post, as well as a range of more local titles, said.While advertising was stable in the first quarter, it was more subdued in April 'primarily due to the General Election.'This will continue through the second quarter, said Johnston, which does not expect to see any significant improvements in the current trend until the third quarter of the year.On the bright side though, the company now expects to make cost savings of at least £15m, compared to £10m previously.