Finance

And able to choose their own currency, GBPs have the edge over dollars and euros at the moment. Agency finance directors probably wish there was a football-style transfer window in operation for creatives as what WPP’s Sir Martin Sorrell recently ...

Ambitious digital marketing firm SapientNitro, owned by the Boston-based and Nasdaq-listed business services company Sapient, is buying former London rival DAD for £26m plus earnouts. Sapient also operates business in financial services and general management. It moved into direct marketing ...

US-based Global Market Insite might not be able to spell but that hasn’t stopped WPP’s Kantar research division shelling out somewhere north of $26m to buy the company that operates online panels in North America, Europe and the Far East. ...

CBS Outdoor is suing London Underground owner Transport for London over its alleged mismanagement of the £1.5bn tube advertising contract CBS ‘won’ in 2006. Among the things CBS failed to anticipate were upgrading engineering works for the ageing system, modernisation ...

PR specialist The Holmes Report has calculated that global PR fees in 2010 were at least $8.8bn, up eight per cent on 2010. This is a marked improvement on 2009 in which fees fell by 7.5 per cent and, according ...

Everything Everywhere is the baffling moniker for France Telecom’s newly-merged Orange and T-Mobile businesses in the UK and new CEO Olaf Swantee is wielding the axe, cutting the company’s board down from an unwieldly 26 to 11 and reviewing absolutely ...

Many analysts still expect Havas, the French-based marcoms group controlled by Vincent Bollore and headed by CEO David Jones, to bid for media buyer Aegis now that Aegis has sold its research arm Synovate to Ipsos for £530m. But Jones ...

In its recent figures WPP reported that digital, in one guise or another, now accounts for nearly 30 per cent of its business. So now it seems on the brink of taking a significant stake in Japanese digital agency DAC. ...

Hunting Lord Mandelson (former Labour minister Peter Mandelson as was) is a traditional British media sport and his Lordship has enlivened the summer silly season once more by making an offer for an £8m house in London, which nobody apart ...