Chancellor Rachel Reeves delivered Labour’s first Budget in 14 years, announcing £40bn of tax rises, Central London Alliance comments
Martin Sorrell says he regrets nothing months after leaving WPP amid allegations of misconduct October 1, 2018 Sir Martin Sorrell has said he has no regrets over his behaviour while in charge of WPP. The former chief executive left the firm in April after claims of personal misconduct, saying his departure was in “the best interest of the business.” In an interview with the BBC, Sorrell denied treating subordinates poorly, using company [...]
Shares in ad giants tumble on report of US advertising sector probe September 28, 2018 Shares in major advertising firms experienced movement today after a report claimed US federal prosecutors had started investigating media-buying practices in the US ad industry. An article in the Wall Street Journal claimed investigators had begun reviewing the ad industry and started to hand out subpoenas as part of the probe. Publicis shares fell 2.7 per [...]
Sir Martin Sorrell seals stock market return as S4 Capital shares enter market tomorrow September 27, 2018 Sir Martin Sorrell will seal his return to the stock market tomorrow when shares in his new advertising venture start trading under the name S4 Capital. A meeting of shell company Derriston Capital earlier today saw shareholders vote through all resolutions, rubber stamping the reverse takeover of S4 and its acquisition of Dutch agency MediaMonks. Sorrell purchased Derriston in [...]
Read reshuffles WPP as he combines two leading marketing agencies September 26, 2018 Advertising giant WPP continued consolidating its business today as it said it would merge two of its leading agencies. It confirmed it would combine VML and Y&R into a new agency called VMLY&R. It will be headed up by global chief exec Jon Cook, who will report to newly appointed WPP boss Mark Read. In his [...]
M&C Saatchi: WPP needs ‘radical surgery’ for post-Sorrell future September 21, 2018 M&C Saatchi's boss has warned his firm is ready to swoop on rival ad agency WPP’s territory as Sir Martin Sorrell’s successor is busy performing “radical surgery” on the business. David Kershaw hailed surging earnings at M&C Saatchi, seeing revenue almost double to £215.4m after new accounting rules changed the way revenue from customer contracts [...]
M&C Saatchi: WPP needs ‘radical surgery’ for post-Sorrell future September 21, 2018 M&C Saatchi's boss has warned his firm is ready to swoop on rival ad agency WPP’s territory as Sir Martin Sorrell’s successor is busy performing “radical surgery” on the business. David Kershaw hailed surging earnings at M&C Saatchi, seeing revenue almost double to £215.4m after new accounting rules changed the way revenue from customer contracts [...]
Uber in early talks to buy food delivery competitor Deliveroo September 20, 2018 Ride hailing giant Uber is in early talks to buy food delivery competitor Deliveroo, according to reports. The acquisition would drive forward Uber's own food delivery service, which it operates through the Uber Eats app and launched in London in 2016. Read more: Ranked: The UK's most valuable brands, according to WPP The value of the deal is [...]
Uber in early talks to buy food delivery competitor Deliveroo September 20, 2018 Ride hailing giant Uber is in early talks to buy food delivery competitor Deliveroo, according to reports. The acquisition would drive forward Uber's own food delivery service, which it operates through the Uber Eats app and launched in London in 2016. Read more: Ranked: The UK's most valuable brands, according to WPP The value of the deal is [...]
Uber Eats strike: Drivers protest over pay, blocking east London roads and leaving customers hungry September 20, 2018 Uber Eats drivers have abandoned their deliveries in the capital in a protest over pay. Couriers have gridlocked the roads around Aldgate East Station as they demand better pay from the food delivery service arm of Uber. Read more: Ranked: The UK's most valuable brands, according to WPP Uber Eats admitted it’s changing how drivers [...]
Uber Eats strike: Drivers protest over pay, blocking east London roads and leaving customers hungry September 20, 2018 Uber Eats drivers have abandoned their deliveries in the capital in a protest over pay. Couriers have gridlocked the roads around Aldgate East Station as they demand better pay from the food delivery service arm of Uber. Read more: Ranked: The UK's most valuable brands, according to WPP Uber Eats admitted it’s changing how drivers [...]