Pearson: world economy "not helpful"

FTSE 100 media giant Pearson said it had increased revenues by 6% and operating profit by 13% in the first nine months of 2011.

FTSE 100 media giant Pearson said it had increased revenues by 6% and operating profit by 13% in the first nine months of 2011.

In a moment of dramatic understatement, chief executive Marjorie Scardino said "the world economy is neither simple nor helpful this year", but said all the group's businesses were trading as expected.

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