FTSE 100 close: London joins Nvidia fuelled rally following strong PMI February 22, 2024 FTSE 250, which is more aligned with the UK's domestic market, was in the green around 0.27 per cent up, with Indivior's shares at +18 per cent.
Advertising giant WPP looks to AI to improve performance as growth grinds to a halt February 22, 2024 WPP made the statement alongside its full-year 2023 results, which showed like-for-like revenue growth of 3.2 per cent. Revenue less pass-through costs grew 0.9 per cent on a like-for-like basis.
WPP’s AI ambitions to take centre stage in full-year results February 19, 2024 Media and advertising giant WPP is set to release its preliminary full-year results on 22 February, which are likely to include commentary on its plans to expand into artificial intelligence. The group said it expected to post full year net-revenue growth of 0.9 per cent, with operating margins in the region of 15 per cent. [...]
ITV: Mayfair hedge fund snaps up stake as broadcaster grapples with ‘ad recession’ February 13, 2024 A secretive Mayfair-based hedge fund has snapped up a stake in ITV today as the broadcaster struggles with an "advertising recession" and a sharp slump in its share price.
Mark Kleinman’s 2024 bold predictions: A BP bid, a new gig for Rose and much, much more January 4, 2024 Mark Kleinman gets the City of London talking - and his ten bold predictions for British business in 2024 will certainly do that
UK to replace Japan as third largest ad market globally December 6, 2023 The UK has shifted up the rankings of the largest global ad markets to third place, replacing Japan, and sitting just behind the US and China.
Square Mile and Me: AKQA founder Ajaz Ahmed on why he thinks London is the greatest city in the world November 23, 2023 Each week we ask a City figure to take a trip down memory lane. Today Ajaz Ahmed, founder and CEO of design agency AKQA, tells us how he came to love life in London.
WPP downgrades outlook as buyout rumours swirl October 26, 2023 WPP chief executive Mark Read believes the firm's "top-line performance in Q3 was below our expectations" and was "impacted by the cautious spending trends".
Mark Kleinman: WPP takeover rumours, CBI secrecy and the flight of the Tories October 26, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
TransformBase initiative set for launch in November October 25, 2023 A ground-breaking initiative aimed at redefining how businesses engage with emerging technologies is gearing up for a November launch.