Finance

New CEO Read backs WPP with (modest) share buy

Former WPP boss Sir Martin Sorrell is a big shareholder in WPP (about two per cent but there are a lot of shares) as he isn’t slow to remind us. Sorrell’s stake is worth around £300m, about a third less ...

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Creative boss Emma de la Fosse joins Ogilvy exodus

Ogilvy UK group CCO Ema de la Fosse (below) is the latest in a series of exits from Ogilvy, not just on this side of the Atlantic as it’s been losing people like topsy in the US too. Maybe its ...

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Williams Lea Tag buys production studio Taylor James

Global production agency Williams Lea Tag has bought digital production studio Taylor James. Tag is now owned by private equity company Advent International. Taylor James was founded in London in 1999 and is active in Europe and the US, offering ...

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Y&R takes on big high street challenge Carpetright

Y&R London has won the Carpetright carpets and flooring business following a pitch. Well good luck to them as Carpetright is on its uppers, like many a big high street, name faced with declining sales and new competition from Tapi, ...

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WPP inches back to growth but revenue and profit both down

WPP, now helmed by CEO Mark Read, reported its first quarter of like-for-like growth since the first quarter of 2017 today, 0.7 per cent in the second quarter of 2018 making 0.3 per cent for the year so far. Hardly ...

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