Finance

One of the interesting aspects of the Virgin Atlantic pitch was the agency shortlist, drawn up with the help of Creative Brief, a newbie to these circuses (this one took five months). There was RKCR/Y&R, the incumbent, who might have ...

With Ruper Murdoch what you see is usually what you get. While the old boy is capable of springing big surprises from time to time, they’re always in character. But his decision to pull 21st Century Fox’s $80bn bid for ...

The news that Virgin Atlantic is moving its advertising account to Adam&Eve/DDB is unlikely to surprise many folk close to the UK industry but it’s also a sad day for the losers, RKCR/Y&R. Also it is an interesting shift from ...

The changing of the guard continues apace at BBH, now wholly-owned by Publicis Groupe, but it’s still a surprise to see group CEO Gwyn Jones (left) stepping down after just a couple of years (albeit with 27 years at the ...

Ocean Outdoor has significantly strengthened its position in Birmingham and the West Midlands with the acquisition of premium large format poster firm Signature Outdoor for a reported £15m. Signature’s co-founders, Gerry Bew and Steve George will join Ocean’s executive team, ...

The deal between Terry Graunke’s (left) Lake Capital and the UK’s Engine Group looked a bit rushed – or the announcement of it anyway – and maybe some of the reasons are emerging. Campaign reports that former employees of the ...

We noted the other day that WPP had borrowed a large slug of money over 30 years at 5.6 per cent (we don’t know how much) and now it emerges that rival Omnicom (left) has renewed a $2.5bn credit facility ...

Nike, which was paying Manchester United $40m for the privilege of supplying its kit, has been gazumped by Adidas which is to pay the Red-not-so-Devils these days a mind-boggling $750m over ten years. So Nike has turned its attentions to ...

Chicago-based private equity firm Lake Capital is buying Peter Scott’s Engine Group; the company that owns WCRS, US-based digital agency Deep Focus and social media agency Jam among others. The price is said to be £100m. Lake Capital is buying ...