Shares in Sorrell’s S4 Capital slump despite revenue growth November 10, 2021 Revenues boom for Sir Martin Sorrell’s digital advertising company, S4 Capital, which today said it plans to double in size by 2024.
WPP’s revenue boom as they reshape their offer October 28, 2021 WPP, the communications and advertising holding company, reports a strong third quarter.
Exclusive: Former Home Secretary Amber Rudd to join Finsbury from Teneo October 6, 2021 Amber Rudd, the former home secretary, is set to leave PR firm Teneo to join rival Finsbury Glover Hering. The ex-politician will join as a senior adviser at the company her brother Roland founded in 1994, City A.M. understands. Rudd spent 18 months at Teneo after a nine-year Parliamentary career as the Tory MP for [...]
Meet Deborah Finkler: The first female leader of City firm Slaughter and May September 23, 2021 Deborah Finkler will be Slaughter and May’s first female managing partner as the Magic Circle firm restructures its executive team. Finkler, a graduate from the University of Cambridge, where she studied economics and law, became a partner at Slaughter and May 30 years ago, after five years as an associate at the company. She was one [...]
Receding tapering fears propel FTSE 100 to three-week high September 6, 2021 Waning fears over central banks in developed economies scaling back monetary stimulus measures helped to propel London’s FTSE 100 to its highest level for three weeks today. The capital’s premier-index gained 0.71 per cent to hit 7,189.00 points heading into the final hour of trading. The blue-chip index was led higher by advertisers and broadcasters [...]
WPP snaps up delivery tech firm Satalia in AI push August 23, 2021 WPP has snapped up a London-based tech firm specialising in home delivery services in a move that will boost the ad giant’s artificial intelligence offering. The FTSE media group today said it had acquired Satalia, which is one of the UK’s fastest-growing tech companies and serves major clients such as BT, Tesco and Unilever. Following [...]
Wall Street lifted by Covid-era low jobless claims August 5, 2021 US stocks opened up sharply on Thursday morning after investors were boosted by fresh data showing the American labour market recovery still has legs. The blue-chip S&P 500 gained 0.43 per cent to reach 4,421, while the Dow Jones shot up 0.6 per cent to 34,998. The tech-heavy Nasdaq notched the best performance out the [...]
WPP raises forecast, following further revenue growth August 5, 2021 WPP today reported continuing strong results for the first half of the year, in a sign of optimism for the global marketing industry. The London-listed ad giant reported revenue growth of 9.8 per cent and new net business worth almost $3bn in the first six months of the year as more customers return to investing [...]
S4 Capital snaps up Salesforce specialist Destined July 26, 2021 S4 Capital has snapped up a marketing firm specialising in Salesforce as Sir Martin Sorrell’s ad firm targets further expansion in the aftermath of the pandemic. The London-listed company said it will merge with Australia-based Destined with its data division Mightyhive in a bid to bolster its presence in Asia Pacific. Destined, which is a [...]
WPP pulls out of Facebook media agency review July 23, 2021 WPP, which currently handles Facebook’s lucrative media planning and buying account, has pulled out of the social media’s agency review. GroupM, WPP’s media investment management division, has opted not to compete to retain the account, leaving rivals Dentsu, Havas and Publicis Groupe vying for the contract. Facebook’s media buying account is highly sought-after, reportedly covering [...]