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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/01/ftse-lower-despite-bskyb-progress.jpg"><img class="alignnone size-full" title="The FTSE 100 index slipped 10.9 points to 5958.5 in early trading" src="http://londonglossy.com/wp-content/uploads/2011/01/min-ftse-lower-despite-bskyb-progress.jpg" alt="The FTSE 100 index slipped 10.9 points to 5958.5 in early trading"/></a></p>
<p>BSkyB continued to dominate the headlines in the City after another strong set of results from the satellite broadcaster increased the pressure on Rupert Murdoch&#8217;s News Corp to hike its offer for the group.</p>
<p>With BSkyB posting a 26% rise in half-year operating profits to £520 million, shares rose another 7p to 764.5p and are well above the 700p proposed by News Corp in the summer before it embarked on its quest for regulatory approval.</p>
<p>The wider FTSE 100 Index was down 10.9 points at 5958.5 after the Dow Jones Industrial Average failed to maintain its position above the 12,000 mark in the US.</p>
<p>Asian markets were mixed as Japan reported accelerating export growth but expectations remained that China was gearing up for another interest rate hike to dampen economic growth.</p>
<p>Other risers in London included pharmaceuticals giant AstraZeneca after it reported a smaller-than-expected drop in fourth-quarter profits of 5% on a year earlier to 2.7 billion US dollars (£1.7 billion).</p>
<p>Outside the top flight, shares in Harvester owner Mitchells &#038; Butlers jumped 4% as it said a bumper Christmas trading period helped it overcome weather disruption in the early part of December.</p>
<p>Shares were 14.6p higher at 357.4p as it revealed a 2.5% rise in like-for-like sales for the nine weeks to January 22.</p>
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