By Marcus Leach

BSkyB have reported a 27% rise in pre-tax profits for the second half of 2011, mainly due to an increase in sales of broadband, telephone and TV packages to its existing customers.

The 27% equates to £597 million, and the broadcaster reported that they sold 772,000 products in the period, but only 100,000 went to new subscribers.

Further to that Sky have announced that they will create 1,300 new jobs over the next two years in the UK.

"We expect the environment to remain tough in calendar 2012. No consumer business can be immune to these conditions and we will manage any short-term headwinds as they emerge," said chief executive Jeremy Darroch.

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