Trinity Mirror has confirmed it is in talks with Northern & Shell about a potential tie-up deal.

The two companies held talks about a possible deal two years ago, which came to nothing.

In a statement, Daily Mirror publisher Trinity Mirror said: “The Board of Trinity Mirror plc notes the recent media speculation and confirms that it is at an early stage of discussions towards taking a minority interest in a new company comprising certain of Northern & Shell's assets.

“No offer has been made and there is no certainty that any agreement will be reached.”