UK house prices rise in June despite ‘wider economic uncertainty’; oil prices up after attack on tanker in strait of Hormuz – as it happened

Rolling coverage of the latest economic and financial newsShares in ITV are down 6% this morning, making it one of the worst performers in London’s stock market, as investors digest the announcement yesterday that it agreed to sell its broadcast and streaming business to Comcast’s Sky for £1.6bn.Analysts at the bank JP Morgan have downgraded their view on ITV stock from “overweight” to “neutral” and cut its price target from 104p to 85p. The shares are currently trading just above 76p. Continue reading…