GWR Group, the company that owns the Local Radio Group and Classic FM, reports its pre-close trading statement today with a revenues forecast to be broadly comparable to this time last year.

In the six months to September 30, like-for-like revenues across the Local Radio Group are set to increase by 10.4%. This includes a forecast 18.9% year-on-year increase in national airtime and sponsorship revenues.

Advertising revenue at Classic FM has fallen by 12% in the last six months, but a recent ...