The Week: City News - Virgin fortunes improve

Virgin Media added 13,000 customers in the third quarter of 2007, but suffered a £61 million loss - an improvement on the £96 million loss it posted a year ago.

In the second quarter, the company lost 70,300 customers across its business. Virgin Media also reported an operating profit of £46.7 million, compared with an operating loss of £9.6 million at the end of the third quarter of 2006.