Broadcaster Ulster TV today posted a 45% hike in profits to £6.2m (€9.1m) as it maintained its record of outperforming the rest of the ITV network.

London shares hovered near the break-even mark today as the latest inflation data pointed to an August hike in interest rates.

Last month’s Euro 2004 football tournament helped UK radio station talkSPORT chalk up an 87% increase in revenues, its owner said today.