'Quiet Quarter' for Bloomsbury

Bloomsbury has put seen a 9% drop in revenue over the three months to 31st May 2014, which chief executive Nigel Newton explained as "a quiet quarter".

Total revenues at the publisher were down 9% compared to the same period in 2013, when they had been up 19% on the year before. In an interim management statement, the company said revenue for the quarter was 7% up compared to the same period in 2012.