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British TV sales in 2011: Winners and losers

The television advertising market is expected to have grown by around 2% in 2011, with the biggest year-on-year rise achieved by Channel 5, while Channel 4 is expected to have performed the worst on a like-for-like basis.

Thorntons issues fresh profit warning

Thorntons, the troubled chocolate maker, has today ( 21 December) issued a fresh profit warning, citing poor customer confidence and rivals' promotions as hitting its performance.

Desmond's Channel 5 ad revenue rockets 27% in 2011

Richard Desmond's Channel 5 is set to record a 27% lift in advertising revenue in 2011, despite tough trading conditions, completing a strong first year for commercial director Nick Bampton and his team.

John Lewis bucks downward trend with record sales

John Lewis has reported its biggest weekly sales figures on record, bucking the downward trend across the retail industry.

Facebook profits to hit $1bn as floatation nears

Facebook's profits have doubled in 2011 and are set to hit $1bn (£645m) for the full year, as the social network nears its long-awaited stock market debut.

Kids' tablet computers dominate top toys list

Technology products are dominating the list of the top 10 best-selling toys this Christmas, according to the latest figures from market research firm NPD.

Christmas day online shopping spree to hit £186.4m

UK consumers are set to spend £186.4m online on Christmas day this year, 12% more than last year, according to predictions from retail body IMRG.

MySpace out of top ten most visited social networks

MySpace is continuing to slump, falling out the UK's top ten most visited social networking sites for the first time ever, according to research from Experian Hitwise.

Thomas Cook reports £398m loss and closes 200 stores

Thomas Cook has confirmed it will close 200 underperforming outlets with the expected loss of more than 650 jobs as the holiday provider moves to turn around its ailing business after reporting a £398m loss.

Whitbread reports slowdown in sales

Costa Coffee and Premier Inn owner Whitbread has reported a slowing down in its like-for-like sales increase, after it was hit by customers shying away from Its London hotels.

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