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ITV hopes World Cup to lift ad revenues by up to 13%

ITV chief executive Adam Crozier has expressed hope that the football World Cup in Brazil could lift the company's advertising revenues by up to 13 per cent later this year.

In the three months ended March 31, the commercial broadcaster suffered a fall in the number of viewers, while revenue growth missed analysts' expectations.

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DWP committed to doing all to reduce fraud & error in Universal Credit

The Department for Work & Pensions (DWP) has said that the government's Universal Credit benefit scheme is running successfully, adding that it is absolutely committed to take every possible step to reduce the level of fraud and error in the benefit system.

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UK unemployment rate slips to 6.8%

Increase in self-employment dragged the UK's unemployment rate to its lowest level in more than past five years in the first quarter of this year, according to figures revealed by the Office for National Statistics (ONS).

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BoE not to hike interest rates to slow housing boom

Bank of England (BoE) Governor Mark Carney on Wednesday said that the British economy was returning towards "normal" but declared that the central bank had no plans to hike interest rates in the near future.

Many analysts are of the view that BoE should increase interest rates to tackle soaring property prices.

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Pub operator Enterprise posts 62% rise in fiscal H1 pretax profit

British pub operator Enterprise Inns Plc on Tuesday reported an impressive year-on-year increase of 62 per cent in pretax profit for the first six months of its financial year and claimed that it expected to achieve its full-year growth target.

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