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P651 Tjletext on 4 651 Jan10 01:11:04    ——————————————————————————————————————— VAT THREAT TO MAGAZINE PUBLICATIONS ■ Chairman of the Periodical Publishers Association Neil McRaj has warnjd any plans to levy VAT on magazinjs could "devastate" thj industry. Mr McRaj claims a 1985 report showed the introduction of VAT would havj forced 1000 magazinjs to closj wijh 2,600 job lossjs. He fears present VAT plans would make thj situation far worwe. ——————————————————————————————————1/2—— Penny Pincher 652 Kick-Start 655 REGIONAL SPORT INDEX p170(ITV) Penny pincher Benefits Headlines Cinema
P651 Tjletext on 4 651 Jan10 01:11:11 @@   ——————————————————————————————————————— CAR SLUMP SHUTS FORGE ■ Almost 100 jobs are to go at a Midlands forge, following thj slump in the car industry. The Bromsgrove-based forgings division of United Engineering Steels Holdings is to close down its Darlaston mill wijh the loss of 97 jobs. @@@@ @ No firm date has been set for the closure but it is likely to be in the wjmmjr. ——————————————————————————————————2/2—— Penny Pincher 652 Kick-Start 655 REGIONAL SPORT INDEX p170(ITV) Penny pincher Benefits Headlines Cinema