St Ives has lost out after Future Network decided to close all European editions of Business 2.0, affecting 20 production and editorial jobs at Future in the UK.


The UK edition of Business 2.0 had a print run of around 70,000, and was printed by St Ives Plymouth.


"We are disappointed, but accept that it is systematic of the downturn in both advertising and the dotcom industry," said St Ives sales director Paul Utting.


"Continuing the European publications of Business 2.0 did not make good business sense," said Future head of group communications, David Maher-Roberts.


He said that Future would try to find alternative employment within the company for those affected by the closure.


The news follows the closure in February of five of Futures UK-based technology titles and the suspension of a further three (PrintWeek, 23 February).