Trinity Mirror's The New Day daily newspaper has announced that it will close on Friday (6 May) following circulation falling below expectations.

A Trinity Mirror spokesperson comments: “We have decided to close The New Day newspaper with effect from Friday 6 May, concluding that the paper is not sustainable in the longer term on the current trajectory. It is with sadness that this project has not succeeded but we have useful insights and we uphold the importance of an innovative culture, particularly in a changing media industry. We have maintained financial discipline throughout so there will not be an impact on current market forecasts for the year.”