Tuesday, 1 March 2011

The Book World takes a financial hit

We all know that the recession is affecting most areas of the economy, and the publishing industry is unfortunately no different.

Spending on books fell by more than £56million in the UK in 2010. In addition, Christmas sales figures show a demonstrable decline when compared with those in 2009. Three key reasons have been stated for this Christmas decline:

- Bad weather
- Closure of Borders
- An uncertain economic climate

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