Employment continued to fall at modest pace, while businesses absorbed cost pressures as charges remained broadly unchanged.

BBC: Scottish economic growth 'slows further'

An LDA spokesman said the funding gap could be absorbed through cost cutting.

BBC: Funding gap in Olympics accounts

One thing that allows HBO to offset this cost is that most of its programming, on an hourly basis, is movies (remember that HBO stands for Home Box Office), the rights to which are relatively less expensive than producing original content, as much of the production cost of these films has been absorbed by box office sales.

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