ITV shouldn't get away with blaming Brexit for falling revenues | Nils Pratley

The commercial broadcaster grumbles about ‘political and economic uncertainty’ – but consumer confidence is still highNice dividend, shame about the advertising revenues. ITV’s shares rose 4.5% to close at their highest price since last June’s referendum as the broadcaster demonstrated again that it is very good these days at generating cash and distributing the spoils to investors. It is less clear, however, whether its 3% fall in advertising spend – the firs