The Week: City news - BSkyB ad revenue slides

BSkyB's ad revenue fell by 6 per cent in the year to 30 June, outperforming the overall commercial TV market.

Ad revenue declined to £308 million, down from £328 million in the previous year, which it said was better than an overall market decline of 13 per cent. Revenues grew by 7 per cent to £5.3 billion, while profits rose 4 per cent to £780 million.