Finance

WPP stops the rot but rumours swirl over Kantar sale

WPP flatlined in the first quarter of 2018 with like-for-like revenues less pass through costs down 0.1 per cent (net sales as was), which would have been seen as a problem had Sir Martin Sorrell still been in charge but, ...

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Departed WPP boss Sorrell gets by with £13.9m in 2017

Departed WPP CEO Sir Martin Sorrell was paid £13.9m by WPP in 2017, including a £10m share handout. This compares to the £48.1m he received in 2016 and stonking £70.4m he trousered in 2015. He still stands to collect up ...

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AMV is back in the supermarket premier league with Asda

That didn’t take them long. Two years after losing longstanding supermarket client Sainsbury’s to Wieden+Kennedy AMV BBDO has bounced back, winning Walmart-owned Asda in the UK from Saatchi & Saatchi. Asda chief customer officer Andy Murray says: “We are delighted ...

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Bolloré’s African travails are a problem for Havas too

If you find yourself in a Havas office – or any part of Vincent Bolloré’s far flung empire which includes Vivendi as well as African logistics giant Bolloré Group – don’t mention the words Bell Pottinger. Bell Pottinger was the ...

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Facebook plumbs new depths as it tries to raise its PR game

Facebook’s revenues are going through the roof – nearly $12bn in the first quarter Of 2018 (49 per cent up year on year) – 91 per cent of it via mobile. This when founder Mark Zuckerberg has been hauled before ...

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Mark Read sets out his stall as CEO-in-waiting at WPP

WPP joint COO Mark Read has been telling the FT his plans for WPP, assuming he gets the chance of implementing them as the eventual successor to Sir Martin Sorrell. He says he wants the job. Read (below) is currently ...

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