UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q
(Mark One)

(X)  Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange
     Act of 1934 for the Quarterly Period Ended:
                                  JUNE 30, 2001
                                       OR
( )  Transition  Report  pursuant  to  Section  13 or  15(d)  of the  Securities
     Exchange Act of 1934 for the Transition Period from ________ to ________.

                         Commission File Number 33-83740

                      DIAMOND CABLE COMMUNICATIONS LIMITED
             (Exact name of registrant as specified in its charter)


       England and Wales                                       N/A
--------------------------------------------------------------------------------
(State or other jurisdiction of                        (I.R.S. Employer
incorporation or organization)                        Identification No.)

                                                          Secretary
                                                      NTL Incorporated
                                                    110 East 59th Street
 Diamond Plaza, Daleside Road                        New York, NY 10022
  Nottingham NG2 3GG, England                          (212) 906-8440
--------------------------------------------------------------------------------
  (Address of Registrant's                     (Name, address and telephone
 principal executive offices)                   number of agent for service)

                           --------------------------

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.

         Yes X                                          No
            ---                                            ---
                           --------------------------

As of June 30, 2001, there were 59,138,851  shares of the Registrant's  Ordinary
Shares of .025 pence each  outstanding.  The  Registrant is an indirect,  wholly
owned subsidiary of NTL Incorporated and there is no market for the Registrant's
shares.  The Registrant  meets the  conditions set forth in General  Instruction
H(1)(a) and (b) of Form 10-Q and is therefore  filing this form with the reduced
disclosure format.

<PAGE>
                      DIAMOND CABLE COMMUNICATIONS LIMITED
                                    FORM 10-Q
                           QUARTER ENDED JUNE 30, 2001

                                TABLE OF CONTENTS
                                                                           Page
                                                                          Number
                                                                          ------

PART I.  FINANCIAL INFORMATION
-------  ---------------------

         Item 1.  Financial Statements

                  Condensed Consolidated Balance Sheets as of
                  June 30, 2001 (Unaudited) and December 31, 2000..............2

                  Condensed Consolidated Statements of Operations
                  for the Six and Three Months Ended June 30, 2001 and
                  2000 (Unaudited).............................................3

                  Condensed Consolidated Statement of Shareholder's
                  Deficiency for the Six Months Ended June 30, 2001
                  (Unaudited)..................................................4

                  Condensed Consolidated Statements of Cash Flows for the
                  Six Months Ended June 30, 2001 and 2000 (Unaudited)..........5

                  Notes to the Condensed Consolidated Financial Statements
                  (Unaudited).............................................6 - 10

         Item 2.  Management's Discussion and Analysis of
                  Financial Condition and Results of Operations..........11 - 13

PART II. OTHER INFORMATION
-------- -----------------

         Item 6.  Exhibits and Reports on Form 8-K............................14

         SIGNATURES...........................................................15
<PAGE>

                      DIAMOND CABLE COMMUNICATIONS LIMITED
                                    FORM 10-Q
                           QUARTER ENDED JUNE 30, 2001

PART I    FINANCIAL INFORMATION
------    ---------------------

ITEM 1.   FINANCIAL STATEMENTS
-------   --------------------

<TABLE>
<CAPTION>
                                          CONDENSED CONSOLIDATED BALANCE SHEETS
                                          -------------------------------------

                                                                                      June 30,            December 31,
                                                                                        2001                  2000
                                                                                     ----------           ------------
                                                                                     (Unaudited)           (See Note)
                                                                                            (in (UK Pound)000's)
<S>                                                                                 <C>                  <C>
Assets

Current assets
    Cash and cash equivalents..................................................... (UK Pound)9,651      (UK Pound)8,166
    Trade receivables - less allowance for doubtful accounts
       of (UK Pound)8,162 (2001) and (UK Pound)6,518 (2000).......................          20,350               16,968
    Due from affiliates...........................................................              77                   77
    Other.........................................................................           2,479                3,395
                                                                                  ----------------  -------------------
       Total current assets.......................................................          32,557               28,606

Property and equipment - net .....................................................         535,675              524,102
Deferred financing costs - net of accumulated amortization of
    (UK Pound)11,287 (2001) and (UK Pound)9,919 (2000)............................          13,865               15,233
Goodwill - net of accumulated amortization of (UK Pound)27,888 (2001) and
    (UK Pound)25,463 (2000).......................................................          69,072               71,497
Franchise costs - net of accumulated amortization of (UK Pound)286 (2001) and
    (UK Pound)273 (2000)..........................................................             330                  343
                                                                                  ----------------  -------------------
Total assets.....................................................................(UK Pound)651,499    (UK Pound)639,781
                                                                                  ================  ===================

Liabilities and shareholder's deficiency

Current liabilities
    Accounts payable..............................................................   (UK Pound)596        (UK Pound)601
    Accounts payable deposit......................................................           6,822               20,280
    Due to affiliates.............................................................          81,658                9,260
    Interest payable..............................................................          17,149               16,472
    Current portion of long-term debt.............................................           1,143                1,637
    Other.........................................................................          43,134               35,883
                                                                                  ----------------  -------------------
       Total current liabilities..................................................         150,502               84,133

Long-term debt
    Notes payable.................................................................       1,072,663            1,004,174
    Capital lease obligations.....................................................             128                  295
    Mortgage loan.................................................................           2,052                2,121
                                                                                  ----------------  -------------------
       Total long-term debt.......................................................       1,074,843            1,006,590

Commitments and contingent liabilities

Shareholder's deficiency:
    Ordinary shares: 150,000,060 authorized; 59,138,851 issued and outstanding....           1,478                1,478
    Additional paid-in-capital....................................................         161,370              139,097
    Accumulated deficit...........................................................        (736,694)            (591,517)
                                                                                  ----------------  -------------------
       Total shareholder's deficiency.............................................        (573,846)            (450,942)
                                                                                  ----------------  -------------------
Total liabilities and shareholder's deficiency...................................(UK Pound)651,499    (UK Pound)639,781
                                                                                  ================  ===================

Note: The balance sheet at December 31, 2000 has been derived from the audited financial statements at that date.

See accompanying notes.

                                                           2
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                          DIAMOND CABLE COMMUNICATIONS LIMITED
                                                        FORM 10-Q
                                               QUARTER ENDED JUNE 30, 2001
                                     CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                                     -----------------------------------------------
                                                       (Unaudited)

                                                  Six Months Ended                      Three Months Ended
                                                      June 30,                               June 30,
                                             2001                 2000                2001              2000
                                      -----------------    -----------------  -----------------  -----------------
                                                                  (in (UK Pound)000's)

<S>                                   <C>                  <C>                <C>                <C>
     Revenue.......................... (UK Pound)87,848     (UK Pound)72,917   (UK Pound)45,491   (UK Pound)37,084
                                      -----------------    -----------------  -----------------  -----------------

     Costs and expenses
        Operating.....................           50,493               29,437             29,532             14,824
        Selling, general and
          administrative..............           37,179               24,382             13,192             13,023
        Depreciation and amortization.           29,090               37,700             17,894             18,513
                                      -----------------    -----------------  -----------------  -----------------
                                                116,762               91,519             60,618             46,360
                                      -----------------    -----------------  -----------------  -----------------

     Operating loss...................          (28,914)             (18,602)           (15,127)            (9,276)

     Other income (expense)
        Interest income...............                -                2,401                  -              1,019
        Interest expense and
          amortization of
          debt discount and expenses..          (60,815)             (53,373)           (30,643)           (27,316)
        Foreign exchange losses, net..          (55,448)             (47,830)            (7,854)           (37,574)
                                      -----------------    -----------------  -----------------  -----------------

     Net loss .......................(UK Pound)(145,177)  (UK Pound)(117,404) (UK Pound)(53,624) (UK Pound)(73,147)
                                      =================    =================  =================  =================

See accompanying notes.

                                                           3
</TABLE>


<PAGE>


<TABLE>
<CAPTION>
                                               DIAMOND CABLE COMMUNICATIONS LIMITED
                                                            FORM 10-Q
                                                   QUARTER ENDED JUNE 30, 2001
                                   CONDENSED CONSOLIDATED STATEMENT OF SHAREHOLDER'S DEFICIENCY
                                   ------------------------------------------------------------
                                                           (Unaudited)
                                                       (in (UK Pound)000's)

                                                                         Additional                                  Total
                                                                          Paid-in-          Accumulated          Shareholder's
                                            Ordinary Shares                capital            Deficit             Deficiency
                                      ----------------------------    ----------------- -------------------- -------------------
                                        Shares          Par
                                        ------          ---
<S>                                   <C>         <C>                <C>                 <C>                 <C>
Balance at December 31, 2000.......... 59,138,851 (UK Pound)1,478    (UK Pound)139,097   (UK Pound)(591,517) (UK Pound)(450,942)
Contribution from NTL Communications
  Corp................................                                          22,273                                   22,273
Net loss..............................          -               -                    -             (145,177)           (145,177)
                                      -----------  --------------    -----------------   ------------------   -----------------
Balance at June 30, 2001.............. 59,138,851 (UK Pound)1,478    (UK Pound)161,370   (UK Pound)(736,694) (UK Pound)(573,846)
                                      ===========  ==============    =================   ==================   =================


See accompanying notes.

                                                                4
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                      DIAMOND CABLE COMMUNICATIONS LIMITED
                                                   FORM 10-Q
                                          QUARTER ENDED JUNE 30, 2001
                                CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                -----------------------------------------------
                                                  (Unaudited)

                                                                               Six Months Ended
                                                                                   June 30,
                                                                          2001                     2000
                                                                   ------------------      ------------------
                                                                             (in (UK Pound)000's)

<S>                                                                <C>                    <C>
Net cash provided by (used in) operating activities...............   (UK Pound)18,643       (UK Pound)(14,787)
                                                                   ------------------      ------------------

Investing activities
   Purchase of property and equipment.............................            (38,701)                (41,519)
   Proceeds from disposition of property and equipment............                  -                       7
                                                                   ------------------      ------------------

            Net cash used in investing activities.................            (38,701)                (41,512)
                                                                   ------------------      ------------------

Financing activities
   Principal payments.............................................                (47)                    (41)
   Capital lease payments.........................................               (683)                   (876)
   Contribution from NTL Communications Corp......................             22,273                       -
                                                                   ------------------      ------------------

            Net cash provided by (used in) financing activities...             21,543                    (917)
                                                                   ------------------      ------------------

Increase (decrease) in cash and cash equivalents..................              1,485                 (57,216)

Cash and cash equivalents at beginning of period..................              8,166                 124,348
                                                                   ------------------      ------------------

Cash and cash equivalents at end of period........................    (UK Pound)9,651        (UK Pound)67,132
                                                                   ==================      ==================

Supplemental disclosure of cash flow information
   Cash paid during the period for interest.......................   (UK Pound)45,892        (UK Pound)22,160


See accompanying notes.

                                                       5
</TABLE>
<PAGE>

                      DIAMOND CABLE COMMUNICATIONS LIMITED
                                    FORM 10-Q
                           QUARTER ENDED JUNE 30, 2001
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                   (Unaudited)

1.   Basis of Presentation

     Diamond Cable Communications Limited (formerly Diamond Cable Communications
     Plc) (the  "Company") is a holding company which holds all of the shares of
     various  companies  which  operate  broadband  communications  networks for
     telephone,  cable  television  and Internet  services in the United Kingdom
     (the "UK"). The Company holds these shares through an intermediate  holding
     company, Diamond Holdings Limited (formerly Diamond Holdings Plc) ("Diamond
     Holdings").  The Company is an  indirect,  wholly-owned  subsidiary  of NTL
     Incor-porated ("NTL").

     The accompanying  unaudited condensed  consolidated financial statements of
     the  Company  and its  subsidiaries  (the  "Group")  have been  prepared in
     accordance with U.S. generally accepted  accounting  principles for interim
     financial information and with the instructions to Form 10-Q and Rule 10-01
     of Regulation S-X. Accordingly,  they do not include all of the information
     and footnotes  required by generally  accepted  accounting  principles  for
     complete  financial   statements.   In  the  opinion  of  management,   all
     adjustments  (consisting of normal recurring accruals) considered necessary
     for a fair presentation  have been included.  Operating results for the six
     and three months ended June 30, 2001 are not necessarily  indicative of the
     results  that may be expected for the year ending  December  31, 2001.  For
     further  information,  refer to the consolidated  financial  statements and
     footnotes  thereto included in the Company's Annual Report on Form 10-K for
     the year ended December 31, 2000.

     Certain  prior  period  amounts  have been  reclassified  to conform to the
     current presentation.

     In June 2001, the Financial Accounting Standards Board issued Statements of
     Financial  Accounting  Standards No. 141,  "Business  Combinations" and No.
     142,  "Goodwill and Other  Intangible  Assets,"  effective for fiscal years
     beginning  after  December  15,  2001.  Under the new rules,  goodwill  and
     intangible  assets  deemed  to have  indefinite  lives  will no  longer  be
     amortized but will be subject to annual impairment tests in accordance with
     the Statements.  Other intangible assets will continue to be amortized over
     their useful lives.  The Company will apply the new rules on accounting for
     goodwill and other  intangible  assets  beginning  in the first  quarter of
     2002.  During  2002,  the Company  will  perform the first of the  required
     impairment tests of goodwill and indefinite  lived intangible  assets as of
     January 1, 2002.  The  Company  has not yet  determined  what the effect of
     these tests will be on its results of operations and financial position.

2.   Restructuring Charges

     The Company  recorded  restructuring  costs in November 2000 as a result of
     the completion of a consolidation review. This charge consisted of employee
     severance and related costs of (UK Pound)5.9  million for approximately 470
     employees to be terminated  and lease exit costs of (UK Pound)1.0  million.
     As of June 30, 2001, (UK  Pound)473,000  of the provision had been used for
     employee  severance and related costs and  approximately  145 employees had
     been  terminated.  The  remaining  restructuring  reserve of (UK  Pound)6.4
     million includes (UK Pound)5.4 million for employees  severance and related
     costs and (UK Pound)1.0 million for lease exit costs.

3.   Joint Purchasing Alliance Agreement

     The Company and NTL entered into a Joint Purchasing Alliance Agreement (the
     "Alliance  Agreement") on March 5, 1999, pursuant to which the Company acts
     as purchasing agent on behalf of a number of subsidiaries of NTL. Under the
     terms of the Alliance  Agreement,  on March 8, 1999, the Company received a
     deposit of (UK  Pound)137.0  million from various  subsidiaries of NTL. The
     Accounts  Payable  Deposit  is the  funds  held by the  Company  under  the
     Alliance Agreement.

                                       6

<PAGE>

                      DIAMOND CABLE COMMUNICATIONS LIMITED
                                    FORM 10-Q
                           QUARTER ENDED JUNE 30, 2001
        NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)
                                   (Unaudited)

4.   Comprehensive Loss

     The Company's comprehensive loss for the six months ended June 30, 2001 and
     2000 was (UK Pound)145.2 million and (UK Pound)117.4 million, respectively.
     The Company's  comprehensive  loss for the three months ended June 30, 2001
     and  2000  was  (UK  Pound)53.6   million  and  (UK   Pound)73.1   million,
     respectively.

5.   Property and Equipment

     Property and equipment consists of (in (UK Pound)000's):
<TABLE>
<CAPTION>
                                                                  Estimated          June 30,               December 31,
                                                                 Useful Life           2001                     2000
                                                               ----------------- -----------------        ----------------
                                                                                    (Unaudited)

<S>                                                              <C>             <C>                     <C>
     Set-top boxes and materials...............................     3 Years      (UK Pound)155,612       (UK Pound)133,742
     Head-ends, switches and electronics.......................     15 Years               274,357                 246,533
     Civil work................................................     40 Years               295,560                 297,862
                                                                                 -----------------        ----------------
          Total Operating Equipment                                                        725,529                 678,137
                                                                                 -----------------        ----------------

     Land and Buildings........................................     50 Years                 5,872                   5,776
     Leasehold Buildings.......................................     25 Years                 2,440                   2,439
     Computer Equipment........................................   3 or 5 Years              12,339                  12,334
     Vehicles, furniture and other.............................  3 to 15 Years               5,535                   5,649
                                                                                 -----------------        ----------------
          Total Other Equipment                                                             26,186                  26,198
                                                                                 -----------------        ----------------

     Construction in progress..................................                              8,965                  18,305
                                                                                 -----------------        ----------------
                                                                                           760,680                 722,640
     Accumulated depreciation..................................                           (225,005)               (198,538)
                                                                                 -----------------        ----------------
                                                                                 (UK Pound)535,675       (UK Pound)524,102
                                                                                 =================       =================
</TABLE>

6.   Notes Payable

     Notes payable consist of (in (UK Pound)000's):

<TABLE>
<CAPTION>
                                                                                  June 30,            December 31,
                                                                                    2001                  2000
                                                                            -------------------   -------------------
                                                                                 (Unaudited)

<S>                                                                          <C>                   <C>
     13 1/4% Senior Discount Notes.........................................   (UK Pound)202,530     (UK Pound)190,639
     11 3/4% Senior Discount Notes.........................................             377,178               355,034
     10 3/4% Senior Discount Notes.........................................             279,884               250,014
     10% Senior Sterling Notes.............................................             135,000               135,000
     9 1/8% Senior Notes...................................................              78,071                73,487
                                                                            -------------------   -------------------
                                                                            (UK Pound)1,072,663   (UK Pound)1,004,174
                                                                            ===================   ===================
</TABLE>

                                       7

<PAGE>
                      DIAMOND CABLE COMMUNICATIONS LIMITED
                                    FORM 10-Q
                           QUARTER ENDED JUNE 30, 2001
        NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)
                                   (Unaudited)

7.   Related Party Transactions

     Since the  acquisition of the Company by NTL in March 1999, a subsidiary of
     NTL has been providing management,  financial, legal and technical services
     to the Group.  Beginning  in the fourth  quarter of 1999,  this  subsidiary
     began  charging the Group for these  services  using an allocation  formula
     based on customers.  The Group was charged (UK  Pound)36.9  million and (UK
     Pound)7.6  million  for the  six  months  ended  June  30,  2001  and  2000
     respectively,  which is  included in  selling,  general and  administrative
     expenses and in the due to affiliates  balance.  It is not  practicable  to
     determine  the amount of these  expenses  that would have been incurred had
     the Group operated as an unaffiliated  entity. In the opinion of management
     of the Group, the allocation method is reasonable.

8.   Stock Options

     In July 2001, (subject to appropriate  documentation)  the NTL Compensation
     Committee approved an offer to all NTL employees, except George Blumenthal,
     the Chairman of the Board,  Barclay Knapp, the Chief Executive  Officer and
     the Board of Directors. NTL will offer to re-price some or all options with
     an  exercise  price above  $20.01 per share to $13.25 per share.  For those
     options for which this offer is accepted,  a  moratorium  will be in effect
     until  January 1, 2003 on further  vesting  and on all sales of shares that
     are obtained after re-pricing from the exercise of re-priced  options.  The
     expiration date for re-priced  options will remain the same but in no event
     will be earlier than January 30, 2006. In July 2001,  there were options to
     purchase an aggregate of  approximately  29.3 million  shares of NTL common
     stock  with an  average  exercise  price of $40.11  per share that would be
     subject to the re-pricing  offer. In accordance with APB No. 25 and related
     interpretations,  NTL will  account  for  options  that are subject to this
     offer as a variable plan. Options to purchase an aggregate of approximately
     16.5 million  shares of NTL common stock at an exercise price of $44.50 per
     share are  already  accounted  for as a variable  plan.  The  Company  will
     recognize  its share of non-cash  compensation  expense for the  difference
     between the quoted market price of the common stock and the exercise  price
     of the  vested  options  while  the  options  remain  outstanding.  The NTL
     Compensation  Committee  has taken this  action to  continue to provide the
     appropriate performance incentives to those affected.

9.   Commitments and Contingent Liabilities

     The Group is involved in legal  proceedings and claims,  which arise in the
     ordinary course of its business.  In the opinion of management,  the amount
     of the ultimate liability with respect to these actions will not materially
     affect the  financial  position,  results of operations or liquidity of the
     Group.

10.  Summarized Financial Information about Diamond Holdings Limited

     On February 6, 1998, Diamond Holdings, a subsidiary of the Company,  issued
     (UK  Pound)135.0  million  principal  amount  of its 10%  Senior  Notes due
     February 1, 2008 and $110.0 million  principal  amount of its 9 1/8% Senior
     Notes due February 1, 2008  (together,  the "1998  Notes").  The 1998 Notes
     have  been  fully  and  unconditionally  guaranteed  by the  Company  as to
     principal,  interest and other amounts due. The Company has no  independent
     operations  and  no  subsidiaries  other  than  Diamond  Holdings.  Diamond
     Holdings  is  restricted  in its  ability  to make funds  available  to the
     Company  except for funds to pay  interest  on the  Discount  Notes and (UK
     Pound)5.0 million annually. The following condensed consolidating financial
     information  of the  Company as of and for the six and three  months  ended
     June 30, 2001 and 2000 is being  provided  pursuant  to Article  3-10(c) of
     Regulation S-X.

                                       8
<PAGE>
<TABLE>
<CAPTION>
                                               DIAMOND CABLE COMMUNICATIONS LIMITED
                                                            FORM 10-Q
                                                   QUARTER ENDED JUNE 30, 2001
                                 NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)
                                                           (Unaudited)

Note 10 (continued)                                                             (in (UK Pound)000's)

                                                                          Six Months Ended June 30, 2001
                                          ---------------------------------------------------------------------------------------
Statements of Operations                        Diamond                 Diamond                                    Consolidated
------------------------                         Cable                  Holdings              Adjustments         Diamond Cable
                                          ---------------------------------------------------------------------------------------
<S>                                       <C>                      <C>                     <C>                  <C>
Revenue.................................         (UK Pound)-        (UK Pound)87,848           (UK Pound)-      (UK Pound)87,848
                                          ---------------------------------------------------------------------------------------

Costs and expenses......................
Operating...............................                   -                  50,493                     -                50,493
Selling, general and administrative.....                   4                  37,175                     -                37,179
Depreciation and amortization...........                   -                  29,090                     -                29,090
                                          ---------------------------------------------------------------------------------------
                                                           4                 116,758                     -               116,762
                                          ---------------------------------------------------------------------------------------

Operating loss..........................                  (4)                (28,910)                    -              (28,914)

Other income (expense)
Interest income.........................              57,835                       -               (57,835)                    -
Interest expense and amortization of
      debt discount and expenses........             (50,217)                (68,433)               57,835               (60,815)
Foreign exchange losses, net............              (1,532)                (53,916)                    -               (55,448)
Equity in net loss of subsidiary........            (151,259)                      -               151,259                     -
                                          ---------------------------------------------------------------------------------------
Net loss................................  (UK Pound)(145,177)     (UK Pound)(151,259)    (UK Pound)151,259    (UK Pound)(145,177)
                                          =======================================================================================

<CAPTION>
                                                                         Six Months Ended June 30, 2000
                                          ---------------------------------------------------------------------------------------
Statements of Operations                        Diamond                 Diamond                                    Consolidated
------------------------                         Cable                  Holdings              Adjustments         Diamond Cable
                                          ---------------------------------------------------------------------------------------
<S>                                       <C>                      <C>                     <C>                  <C>
Revenue.................................         (UK Pound)-        (UK Pound)72,917           (UK Pound)-      (UK Pound)72,917
                                          ---------------------------------------------------------------------------------------

Costs and expenses......................
Operating...............................                   -                  29,437                     -                29,437
Selling, general and administrative.....                  15                  24,367                     -                24,382
Depreciation and amortization...........                   -                  37,700                     -                37,700
                                          ---------------------------------------------------------------------------------------
                                                          15                  91,504                     -                91,519
                                          ---------------------------------------------------------------------------------------

Operating loss..........................                 (15)                (18,587)                    -               (18,602)

Other income (expense)
Interest income.........................              47,012                   1,373               (45,984)                2,401
Interest expense and amortization of
      debt discount and expenses........             (42,695)                (56,662)               45,984               (53,373)
Foreign exchange losses, net............              (1,969)                (45,861)                    -               (47,830)
Equity in net loss of subsidiary........            (119,737)                      -               119,737                     -
                                          ---------------------------------------------------------------------------------------
Net loss................................  (UK Pound)(117,404)     (UK Pound)(119,737)    (UK Pound)119,737    (UK Pound)(117,404)
                                          =======================================================================================
</TABLE>

<TABLE>
<CAPTION>
                                                                          Three Months Ended June 30, 2001
                                          ---------------------------------------------------------------------------------------
Statements of Operations                        Diamond                 Diamond                                    Consolidated
------------------------                         Cable                  Holdings              Adjustments         Diamond Cable
                                          ---------------------------------------------------------------------------------------
<S>                                       <C>                      <C>                     <C>                  <C>
Revenue.................................         (UK Pound)-        (UK Pound)45,491           (UK Pound)-      (UK Pound)45,491
                                          ---------------------------------------------------------------------------------------

Costs and expenses......................
Operating...............................                   -                  29,532                     -                29,532
Selling, general and administrative.....                   3                  13,189                     -                13,192
Depreciation and amortization...........                   -                  17,894                     -                17,894
                                          ---------------------------------------------------------------------------------------
                                                           3                  60,615                     -                60,618
                                          ---------------------------------------------------------------------------------------

Operating loss..........................                  (3)                (15,124)                    -               (15,127)

Other income (expense)
Interest income.........................              28,334                       -               (28,334)                    -
Interest expense and amortization of
      debt discount and expenses........             (25,331)                (33,646)               28,334               (30,643)
Foreign exchange losses, net............                (618)                 (7,236)                    -                (7,854)
Equity in net loss of subsidiary........             (56,006)                      -                56,006                     -
                                          ---------------------------------------------------------------------------------------
Net loss................................   (UK Pound)(53,624)      (UK Pound)(56,006)     (UK Pound)56,006     (UK Pound)(53,624)
                                          =======================================================================================

<CAPTION>
                                                                          Three Months Ended June 30, 2000
                                          ---------------------------------------------------------------------------------------
Statements of Operations                        Diamond                 Diamond                                    Consolidated
------------------------                         Cable                  Holdings              Adjustments         Diamond Cable
                                          ---------------------------------------------------------------------------------------
<S>                                       <C>                      <C>                     <C>                  <C>
Revenue.................................         (UK Pound)-        (UK Pound)37,084           (UK Pound)-      (UK Pound)37,084
                                          ---------------------------------------------------------------------------------------

Costs and expenses......................
Operating...............................                   -                  14,824                     -                14,824
Selling, general and administrative.....                   7                  13,016                     -                13,023
Depreciation and amortization...........                   -                  18,513                     -                18,513
                                          ---------------------------------------------------------------------------------------
                                                           7                  46,353                     -                46,360
                                          ---------------------------------------------------------------------------------------

Operating loss..........................                  (7)                 (9,269)                    -                (9,276)

Other income (expense)
Interest income.........................              22,570                       -               (21,551)                1,019
Interest expense and amortization of
      debt discount and expenses........             (20,740)                (28,127)               21,551               (27,316)
Foreign exchange losses, net............                (207)                (37,367)                    -               (37,574)
Equity in net loss of subsidiary........             (74,763)                      -                74,763                     -
                                          ---------------------------------------------------------------------------------------
Net loss................................   (UK Pound)(73,147)      (UK Pound)(74,763)     (UK Pound)74,763     (UK Pound)(73,147)
                                          =======================================================================================
</TABLE>

                                                                9
<PAGE>

<TABLE>
<CAPTION>
                                               DIAMOND CABLE COMMUNICATIONS LIMITED
                                                             FORM 10-Q
                                                    QUARTER ENDED JUNE 30, 2001
                                 NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Concluded)
                                                            (Unaudited)

Note 10 (continued)                                                          (in (UK Pound)000's)

                                                                                 June 30, 2001
                                          ---------------------------------------------------------------------------------------
Balance Sheets                                   Diamond                 Diamond                                    Consolidated
--------------                                    Cable                  Holdings              Adjustments         Diamond Cable
                                          ---------------------------------------------------------------------------------------
<S>                                         <C>                 <C>                     <C>                    <C>
Current assets..........................        (UK Pound)11        (UK Pound)32,546           (UK Pound)-      (UK Pound)32,557
Investments in and advances to
 subsidiaries...........................             299,513                       -              (299,513)                    -
Fixed and noncurrent assets.............               9,314                 609,628                     -               618,942
                                          ---------------------------------------------------------------------------------------
Total Assets............................   (UK Pound)308,838       (UK Pound)642,174    (UK Pound)(299,513)    (UK Pound)651,499
                                          =======================================================================================

Current liabilities.....................    (UK Pound)23,093       (UK Pound)127,409           (UK Pound)-     (UK Pound)150,502
Noncurrent liabilities..................             859,591                 215,252                     -             1,074,843
Due to affiliates.......................                   -                 991,425              (991,425)                    -
Shareholder's deficiency................            (573,846)               (691,912)              691,912              (573,846)
                                          ---------------------------------------------------------------------------------------
Total liabilities and shareholder's
 deficiency.............................   (UK Pound)308,838       (UK Pound)642,174    (UK Pound)(299,513)    (UK Pound)651,499
                                          =======================================================================================


<CAPTION>
                                                                               December 31, 2000
                                          ---------------------------------------------------------------------------------------
Balance Sheets                                   Diamond                 Diamond                                    Consolidated
--------------                                    Cable                  Holdings              Adjustments         Diamond Cable
                                          ---------------------------------------------------------------------------------------
<S>                                         <C>                 <C>                     <C>                    <C>
Current assets..........................       (UK Pound)662        (UK Pound)30,383      (UK Pound)(2,439)     (UK Pound)28,606
Investments in and advances to
 subsidiaries...........................             367,463                       -              (367,463)                    -
Fixed and noncurrent assets.............              10,335                 600,840                     -               611,175
                                          ---------------------------------------------------------------------------------------
Total Assets............................   (UK Pound)378,460       (UK Pound)631,223    (UK Pound)(369,902)    (UK Pound)639,781
                                          =======================================================================================

Current liabilities.....................    (UK Pound)33,714        (UK Pound)52,858      (UK Pound)(2,439)     (UK Pound)84,133
Noncurrent liabilities..................             795,688                 210,902                     -             1,006,590
Due to affiliates.......................                   -                 908,116              (908,116)                    -
Shareholder's deficiency................            (450,942)               (540,653)              540,653              (450,942)
                                          ---------------------------------------------------------------------------------------
Total liabilities and shareholder's
 deficiency.............................   (UK Pound)378,460       (UK Pound)631,223    (UK Pound)(369,902)    (UK Pound)639,781
                                          =======================================================================================
</TABLE>

<TABLE>
<CAPTION>
                                                                         Six Months Ended June 30, 2001
                                          ---------------------------------------------------------------------------------------
Statements of Cash Flows                         Diamond                 Diamond                                    Consolidated
------------------------                          Cable                  Holdings              Adjustments         Diamond Cable
                                          ---------------------------------------------------------------------------------------
<S>                                         <C>                 <C>                     <C>                    <C>
Net cash (used in) provided by
 operating activities...................   (UK Pound)(46,338)       (UK Pound)41,228      (UK Pound)23,753      (UK Pound)18,643

Net cash provided by (used in)
 investing activities...................              23,753                 (38,701)              (23,753)              (38,701)

Net cash provided by (used in)
 financing activities...................              22,273                    (730)                    -                21,543
                                          ---------------------------------------------------------------------------------------

(Decrease) increase in cash.............                (312)                  1,797                     -                 1,485

Cash and cash equivalents at beginning
 of period..............................                 312                   7,854                     -                 8,166
                                          ---------------------------------------------------------------------------------------

Cash and cash equivalents at end
 of period..............................         (UK Pound)-         (UK Pound)9,651           (UK Pound)-       (UK Pound)9,651
                                          =======================================================================================


<CAPTION>
                                                                         Six Months Ended June 30, 2000
                                          ---------------------------------------------------------------------------------------
Statements of Cash Flows                         Diamond                 Diamond                                    Consolidated
------------------------                          Cable                  Holdings              Adjustments         Diamond Cable
                                          ---------------------------------------------------------------------------------------
<S>                                         <C>                 <C>                     <C>                    <C>
Net cash (used in) provided by
 operating activities...................   (UK Pound)(40,653)      (UK Pound)108,878     (UK Pound)(83,012)    (UK Pound)(14,787)

Net cash provided by (used in)
 investing activities...................             (83,012)                (41,512)               83,012               (41,512)

Net cash provided by (used in)
 financing activities...................                   -                    (917)                    -                  (917)
                                          ---------------------------------------------------------------------------------------

(Decrease) increase in cash.............            (123,665)                 66,449                     -               (57,216)

Cash and cash equivalents at beginning
 of period..............................             121,839                   2,509                     -               124,348
                                          ---------------------------------------------------------------------------------------

Cash and cash equivalents at end
 of period..............................    (UK Pound)(1,826)       (UK Pound)68,958           (UK Pound)-      (UK Pound)67,132
                                          =======================================================================================
</TABLE>

                                                                10
<PAGE>

                      DIAMOND CABLE COMMUNICATIONS LIMITED
                                    FORM 10-Q
                           QUARTER ENDED JUNE 30, 2001

ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
          ---------------------------------------------------------------
          RESULTS OF OPERATIONS
          ---------------------

Overview
--------

Diamond Cable Communications Limited (formerly Diamond Cable Communications Plc)
(the  "Company")  is a holding  company which holds all of the shares of various
companies which operate broadband  communications networks for telephone,  cable
television and Internet  services in the United Kingdom (the "UK").  The Company
holds these shares through an intermediate  holding  company,  Diamond  Holdings
Limited  (formerly  Diamond  Holdings Plc) ("Diamond  Holdings").  Except as the
context may  otherwise  require,  references to the "Group" refer to the Company
and its subsidiaries.

Liquidity and Capital Resources
-------------------------------

The Company issued senior  discount notes in September  1994,  December 1995 and
February 1997  (collectively,  the "Discount Notes").  In February 1998, Diamond
Holdings  issued two new series of notes (the "1998 Notes").  The 1998 Notes are
guaranteed  by the Company as to payment of  principal,  interest  and any other
amounts  due. In  connection  with the  issuance  of the 1998  Notes,  the Group
terminated its existing bank facility.

The further development and construction of the Group's broadband communications
network  will  require  additional  capital  investment.   The  Group  currently
estimates that the additional capital expenditures and debt service requirements
of the Group,  net of cash from  operations  from July 1, 2001  through June 30,
2002 will be approximately (UK Pound)125.0  million.  These capital expenditures
could  vary  significantly  depending  on,  among  other  things,  the number of
customers  actually  connected to the network,  the availability of construction
resources,  the impact of  competition  from other  cable or  telecommunications
operators  or  television  delivery  platforms,  and  the  pace  of the  Group's
construction  program.  The Group expects to meet its cash requirements  through
debt or equity from NTL or other NTL subsidiaries.

To the extent that the amounts  required  for  capital  expenditures  exceed the
estimates,  or the Group's cash flow does not meet  expectations,  the amount of
cash requirements  will increase.  There can be no assurance that debt or equity
financing  will be available to the Group on acceptable  commercial  terms or at
all.

Condensed Consolidated Statements of Cash Flows
-----------------------------------------------

Net cash provided by (used in) operating  activities  amounted to (UK Pound)18.6
million and (UK Pound)(14.8)  million for the six months ended June 30, 2001 and
2000, respectively. During the six months ended June 30, 2001, net cash provided
by operating activities is primarily due to a (UK Pound)72.4 million increase in
due to  affiliates.  The  remainder of the change is due to the cash paid during
the period for interest and changes in working capital as a result of the timing
of receipts and disbursements.

Net cash used in investing activities amounted to (UK Pound)38.7 million and (UK
Pound)41.5   million  for  the  six  months   ended  June  30,  2001  and  2000,
respectively, primarily for continuing fixed asset purchases.

Net cash provided by (used in) financing  activities  amounted to (UK Pound)21.5
million and (UK Pound)(917,000) for the six months ended June 30, 2001 and 2000,
respectively.  During the six months ended June 30, 2001,  net cash  provided by
financing  activities included a capital  contribution of (UK Pound)22.3 million
from NTL  Communications  Corp.  During the six months  ended June 30,  2001 and
2000, net cash used in financing  activities  amounted to (UK  Pound)730,000 and
(UK  Pound)917,000,  respectively,  for mortgage  principal payments and capital
lease payments.

                                       11
<PAGE>
                      DIAMOND CABLE COMMUNICATIONS LIMITED
                                    FORM 10-Q
                           QUARTER ENDED JUNE 30, 2001


Results of Operations for the Six and Three Months Ended June 30, 2001 and 2000
-------------------------------------------------------------------------------

Revenue  for the six and  three  months  ended  June  30,  2001 and 2000 was (UK
Pound)87.8  million,  (UK Pound)45.5  million,  (UK  Pound)72.9  million and (UK
Pound)37.1  million,  respectively,  representing  increases of 20.5% and 22.7%.
This growth was primarily  attributable  to increases in the number of telephone
lines  and  cable  television  customers,  together  with the  provision  of new
services.  During  2001,  the Company  intends to drive the  majority of revenue
growth from  increases in average  revenue per customer  rather than through the
addition  of new  customers.  This  allows the  Company to achieve  its  revenue
targets,  have a lower  capital  requirement  due to  fewer  installations,  and
improve  EBITDA as the  Company  reduces  front-loaded  costs  such as  customer
acquisition costs and initial maintenance costs.

For the six and three  months  ended  June 30,  2000,  certain  costs  have been
reclassified  from  selling,  general and  administrative  expenses to operating
costs to conform to the 2001 classification.

Operating costs,  including network expenses, for the six and three months ended
June 30, 2001 and 2000 were (UK Pound)50.5 million,  (UK Pound)29.5 million, (UK
Pound)29.4  million  and  (UK  Pound)14.8  million,  respectively,  representing
increases of 71.5% and 99.2%.  This increase is  predominantly  attributable  to
increases in  interconnection  costs and programming costs as a result of growth
in telephone lines and cable television customers.

Selling,  general and administrative expenses for the six and three months ended
June 30, 2001 and 2000 were (UK Pound)37.2 million,  (UK Pound)13.2 million, (UK
Pound)24.4  million  and  (UK  Pound)13.0  million,  respectively,  representing
increases of 52.5% and 1.3%. Selling,  general and administrative  expenses as a
percentage of revenue were 42.3% and 33.4% in the six months ended June 30, 2001
and 2000,  respectively,  and 29.0% and 35.1% in the three months ended June 30,
2001 and 2000,  respectively.  The  percentage  decrease  in the second  quarter
reflects cost savings  efforts  including the  restructuring  in November  2000.
Beginning in the fourth  quarter of 1999, a subsidiary of NTL began charging the
Group for management, financial, legal and technical services it provides to the
Group. These charges were (UK Pound)36.9 million,  (UK Pound)17.0  million,  (UK
Pound)7.6  million and (UK  Pound)4.4  million in the six and three months ended
June 30, 2001 and 2000, respectively.

Depreciation  and  amortization  expense for the six and three months ended June
30,  2001 and 2000 was (UK  Pound)29.1  million,  (UK  Pound)17.9  million,  (UK
Pound)37.7  million  and  (UK  Pound)18.5  million,  respectively,  representing
decreases of (UK Pound)8.6 million and (UK Pound)0.6 million.

Interest  expense and amortization of debt discount and expenses for the six and
three  months  ended  June 30,  2001 and 2000 was (UK  Pound)60.8  million,  (UK
Pound)30.6   million,   (UK  Pound)53.4  million  and  (UK  Pound)27.3  million,
respectively,  representing increases of (UK Pound)7.4 million and (UK Pound)3.3
million.  For the six and three  months ended June 30,  2001,  interest  expense
includes the accretion of the discount on the Discount  Notes of (UK  Pound)14.2
million and (UK Pound)7.2 million,  interest on the 1994, 1995 and 1998 Notes of
(UK  Pound)45.2  million and (UK  Pound)22.7  million and  amortization  of debt
financing costs of (UK Pound)1.4 million and (UK Pound)700,000.  For the six and
three months ended June 30, 2000, interest expense includes the accretion of the
discount on the  Discount  Notes of (UK  Pound)29.6  million and (UK  Pound)15.3
million,  interest on the 1994 and 1998 Notes of (UK Pound)22.1  million and (UK
Pound)11.2  million,  amortization  of debt  financing  costs  of (UK  Pound)1.3
million and (UK  Pound)700,000  and other interest expense of (UK  Pound)400,000
and (UK Pound)100,000.

A substantial  portion of the Group's  existing debt obligations are denominated
in U.S.  dollars,  while the Group's  revenues and expenses  are  generated  and
stated in UK pounds  sterling.  During the six and three  months  ended June 30,
2001 and 2000, the Group recorded net foreign  exchange losses of (UK Pound)55.4
million,  (UK  Pound)7.9  million,  (UK  Pound)47.8  million and (UK  Pound)37.6
million, respectively,  primarily due to the unrealized losses on translation of
its Discount Notes and 1998 Notes.  Changes in foreign  currency  exchange rates
may affect the  Group's  ability to satisfy  its  obligations  under  these debt
instruments as they become due.

The Company  recorded  restructuring  costs in November  2000 as a result of the
completion  of  a  consolidation  review.  This  charge  consisted  of  employee
severance  and related  costs of (UK  Pound)5.9  million for  approximately  470
employees to be terminated and lease exit costs of (UK Pound)1.0 million.  As of
June 30, 2001,  (UK  Pound)473,000  of the  provision had been used for employee
severance and related costs and approximately 145 employees had been terminated.
The  remaining  restructuring  reserve of (UK  Pound)6.4  million  includes  (UK
Pound)5.4  million for  employees  severance and related costs and (UK Pound)1.0
million for lease exit costs.

                                       12
<PAGE>
                      DIAMOND CABLE COMMUNICATIONS LIMITED
                                    FORM 10-Q
                           QUARTER ENDED JUNE 30, 2001


In July  2001,  (subject  to  appropriate  documentation)  the NTL  Compensation
Committee approved an offer to all NTL employees,  except George Blumenthal, the
Chairman of the Board,  Barclay Knapp, the Chief Executive Officer and the Board
of  Directors.  NTL will offer to re-price  some or all options with an exercise
price above  $20.01 per share to $13.25 per share.  For those  options for which
this offer is accepted,  a moratorium will be in effect until January 1, 2003 on
further  vesting and on all sales of shares that are obtained  after  re-pricing
from the  exercise of  re-priced  options.  The  expiration  date for  re-priced
options  will remain the same but in no event will be earlier  than  January 30,
2006. In July 2001, there were options to purchase an aggregate of approximately
29.3 million shares of NTL common stock with an average exercise price of $40.11
per share that would be subject to the re-pricing  offer. In accordance with APB
No. 25 and  related  interpretations,  NTL will  account  for  options  that are
subject to this offer as a variable  plan.  Options to purchase an  aggregate of
approximately  16.5 million  shares of NTL common stock at an exercise  price of
$44.50 per share are already  accounted for as a variable plan. The Company will
recognize its share of non-cash  compensation expense for the difference between
the quoted market price of the common stock and the exercise price of the vested
options while the options remain outstanding. The NTL Compensation Committee has
taken this action to continue to provide the appropriate  performance incentives
to those affected.

Recent Accounting Pronouncements
--------------------------------

In June 2001,  the Financial  Accounting  Standards  Board issued  Statements of
Financial  Accounting  Standards No. 141,  "Business  Combinations" and No. 142,
"Goodwill and Other  Intangible  Assets,"  effective for fiscal years  beginning
after December 15, 2001.  Under the new rules,  goodwill and  intangible  assets
deemed to have indefinite  lives will no longer be amortized but will be subject
to annual  impairment tests in accordance with the Statements.  Other intangible
assets will continue to be amortized  over their useful lives.  The Company will
apply the new rules on  accounting  for  goodwill  and other  intangible  assets
beginning in the first  quarter of 2002.  During 2002,  the Company will perform
the first of the  required  impairment  tests of goodwill and  indefinite  lived
intangible assets as of January 1, 2002. The Company has not yet determined what
the effect of these tests will be on its  results of  operations  and  financial
position.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
--------------------------------------------------------------------------------

Certain statements contained herein constitute  "forward-looking  statements" as
that term is defined under the Private Securities Litigation Reform Act of 1995.
When used  herein,  the  words,  "believe,"  "anticipate,"  "should,"  "intend,"
"plan," "will," "expects," "estimates,"  "projects,"  "positioned,"  "strategy,"
and  similar  expressions   identify  such  forward-looking   statements.   Such
forward-looking  statements  involve known and unknown risks,  uncertainties and
other factors that may cause the actual results,  performance or achievements of
the  Group,  or  industry  results,  to  be  materially   different  from  those
contemplated, projected, forecasted, estimated or budgeted, whether expressed or
implied, by such forward-looking statements. Such factors include the following:
general  economic  and  business  conditions,  technological  developments,  the
Group's ability to continue to design networks,  install facilities,  obtain and
maintain  any   required   governmental   licenses  or  approvals   and  finance
construction and development,  all in a timely manner at reasonable costs and on
satisfactory  terms  and  conditions,  as well  as  assumptions  about  customer
acceptance,  churn  rates,  overall  market  penetration  and  competition  from
providers of alternative  services,  the impact of restructuring and integration
actions, the impact of new business opportunities requiring significant up-front
investment,   interest  rate  and  currency   exchange  rate   fluctuations  and
availability, terms and deployment of capital. The Company assumes no obligation
to update the  forward-looking  statements  contained  herein to reflect  actual
results, changes in assumptions or changes in factors affecting such statements.

                                       13
<PAGE>
                      DIAMOND CABLE COMMUNICATIONS LIMITED
                                    FORM 10-Q
                           QUARTER ENDED JUNE 30, 2001


PART II.      OTHER INFORMATION
--------      -----------------

ITEM 6.       EXHIBITS AND REPORTS ON FORM 8-K
-------       --------------------------------

     (a)      Exhibits:

              None.

     (b)      Reports on Form 8-K:

              During  the  quarter  ended June 30,  2001,  the  Company  filed a
              current report on Form 8-K dated May 24, 2001 (filed May 24, 2001)
              reporting under Item 5, Other Events,  that NTL Incorporated,  the
              public  parent  company of Diamond Cable  Communications  Limited,
              announced  it signed a Strategic  Outsourcing  Deal with IBM which
              covers the provision of Information  Technology  (IT) services for
              NTL across the UK and Ireland.

                    No financial statements were filed with this report.



                                       14
<PAGE>
                      DIAMOND CABLE COMMUNICATIONS LIMITED
                                    FORM 10-Q
                           QUARTER ENDED JUNE 30, 2001


                                   SIGNATURES
                                   ----------

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                                       DIAMOND CABLE COMMUNICATIONS LIMITED
                                       -----------------------------------------



Date: August 9, 2001                   By:  /s/ Stephen A. Carter
                                            ---------------------------------
                                            Stephen A. Carter
                                            Director and Chief Operating Officer


Date: August 9, 2001                   By:  /s/ Robert MacKenzie
                                            ---------------------------------
                                            Robert MacKenzie
                                            Director and Secretary




                                       15