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ITV sales boosted by TV production arm

ITV revenues rise in the first three months of the year, driven by a strong performance at its TV production arm.

Sir Peter Bazalgette, the man credited with bringing Big Brother to Britain, has been appointed as the chairman of ITV.

Mining stocks help to lift the London market, with ITV also among the top risers on speculation that it could be a takeover target.

Broadcaster ITV reports a 13% rise in revenues for the nine months to the end of September, helped by strong sales during the Rugby World Cup.

UTV Media agrees to sell its television stations to ITV for 100m.

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