Greater sovereignty or smaller budgets: With polls tight ahead of the EU referendum, what would Brexit mean for the marketing and advertising industries? April 25, 2016 On 23 June, adland will have a tough decision to make – whether to be at a party in Cannes or a polling booth in Britain. It is hard to assess the impact Brexit would have on the marketing and advertising industry, and its outlook on the issue is predictably varied. Firms differ in size, [...]
Brace yourself, bosses: Leading investor reveals it shot down resolutions at almost one in five AGMs last year April 25, 2016 As companies such as Shire and AstraZeneca brace themselves for a rocky AGM season, one major asset manager has today revealed that it has been voting no for some time now. Legal & General Investment Management (LGIM), which held assets worth over £750bn at the end of 2015, has revealed that it shot down at least one resolution at [...]
City boys flock to lunch with former England rugby star Lawrence Dallaglio, while First Milk chair Clive Sharp bags tickets to Twickers April 21, 2016 To Canary Wharf, where former rugby legend Lawrence Dallaglio joined other relics from the world of rugger came to be wined and dined in aid of the youth charity in Dallaglio's name. Folks from Standard Chartered, Balfour Betty and WPP joined ex rugger stars Dallaglio, Will Greenwood and Austin Healey for what the hosts billed as "The [...]
Martin Sorrell’s WPP leads marketing and communications global deals surge in first quarter of 2016 April 21, 2016 The value of deals activity in the marketing and communications sector grew by two-thirds in the first quarter of 2016. During the three months, 288 deals completed in the global market, up 32 per cent year on year, according to new research by Results International published today. The combined disclosed value of the deals was [...]
Even City bigwigs think it’s time to overhaul the pay structures used by the UK’s biggest listed firms April 21, 2016 It's not just shareholders who are showing their growing unrest at vast executive pay packets. Now some of the most influential figures in the City have spoken out against pay models that they claim are "not fit for purpose". Big names including Legal & General boss Nigel Wilson, Sainsbury chairman David Tyler and Helena Morrissey, chief [...]
Formula One boss Bernie Ecclestone says that immigrants have not provided any benefit to UK April 19, 2016 Formula One (F1) boss Bernie Ecclestone has strongly advocated his support for an Out vote, and has said that Russian president Vladimir Putin should be "running Europe". “Europe has become less important full stop,” said Ecclestone, speaking at a conversation with WPP boss Martin Sorrell at Advertising Week Europe. “Vladimir Putin should be running Europe. [...]
Sir Martin Sorrell defends £63m pay package amid fears of 2016 shareholder spring: “If WPP does well, I do well” April 18, 2016 Sir Martin Sorrell, the founder and chief executive of WPP, has defended his £63m pay package. Sorrell was a victim of the so-called shareholder spring in 2012, with 60 per cent of WPP shareholders rejecting his £6.8m pay that year. There was also a repeat in 2014 when 28 per cent voted against his remuneration [...]
The galas, black-tie dinners and concerts marketing experts will be showered with at Advertising Week April 18, 2016 Now, City A.M. is a pro-business rag, fully supports the efforts firms make to promote their services, and would never endorse damaging a company's event by gatecrashing it. However, whether you are that way inclined or not, you'll be spoilt for choice with all the A-list events happening next week as part of Advertising Week Europe. Advertising week will [...]
Mobile is a hot topic (again) as Advertising Week Europe comes to town April 18, 2016 "This will be the year of mobile” has been a multi-year meme in the ad industry, but there’s some logic to it. Since the first iPhone captured consumers’ imaginations in 2007, each subsequent year has truly been the year of mobile, with app developers inventing new uses for these palm-sized computers, marketers observing how these devices [...]
Making global local: Maxus’s Lindsay Pattison talks India, inequality and the long term April 18, 2016 "Media is the fastest growing area of marketing. We are the link now between advertising and sale, and everyone wants a piece of the action,” says Lindsay Pattison, global chief executive of Maxus. The fourth arm of WPP’s Group M – the world’s largest advertising media company, which buys one in every three adverts sold – [...]