Welsh Assembly Conservatives are voicing their fears for the newspaper industry in the principality after Trinity Mirror’s announcement of a further review of spending.

Job cuts are a possibility as the company prepares for a tough year of trading.

The company is about to review measures to postpone incurring new costs and find ways to reduce existing spending.

Trinity Mirror’s Welsh titles include the Western Mail, Daily Post, South Wales Echo and the Wales on Sunday.

Welsh Conservatives’ economic development spokesman Alun Cairns said: “This is yet more worrying news for the future of the newspaper industry in Wales.

“Any business organisation has the right to restructure to improve efficiency.

“However, there has already been considerable restructuring within Trinity Mirror across the UK in recent years.”

The National Union of Journalists has hit out at the plan to consider job losses as part of the strategy, and has not ruled out the possibility of industrial action in protest.

Trinity Mirror said when it made the announcement: “All media owners are currently experiencing tough trading conditions due to the slowdown in advertising markets.”