Finance

Engine Group gets bigger but substantial post-tax profits still prove elusive

Peter Scott’s Engine Group, whose companies include WCRS, Partners Andrews Aldridge and sports marketing business Synergy, made a small post-tax profit £422,000 in 2012 compared with a loss of £5.2 million in the previous year. The results were affected by ...

Read More »

US, France and UK lead real time bidding online media revolution according to new research

Online advertising is still growing rapdily around the world according to research conducted by Econsultancy on behalf of The Rubicon Project, Inc., which operates the advertising industry’s largest independent real-time trading platform for digital advertising. 64 per cent of advertisers ...

Read More »

Rumbles in the takeover jungle – WPP said to be readying a bid for Interpublic

Interpublic, the owner of McCann, Lowe and DraftFCB among many others, is manning the defences in preparation for a takeover bid. And the likeliest bidder is not widely-canvassed Dentsu but WPP. IPG is currently valued at $7.2bn (£4.4bn) and trading ...

Read More »

IPA slams government procurement e-auctions

The UK IPA Council, which consists of representatives of leading creative and media agencies, has passed an unprecedented vote of no confidence in the Government Procurement Service, which has replaced the COI as the body that selects agencies for over ...

Read More »

UK bank changes give a boost to Engine Group

You can’t keep British banks out of the news – this morning we had the Government flogging six per cent of its stake in Lloyds for £3.2bn (bit cheap that) and Barclays being fingered for overcharging interest (so that’s another ...

Read More »

Premier Foods doesn’t want a £40,000 ‘investment’ payment from its media agency – it wants £300,000

Last week we asked which UK media agency would bite the bullet and pitch for Premier Foods’ account, resigned by Starcom MediaVest over its astonishing request for an ‘investment’ payment, one we estimated at £40,000. But according to sources in ...

Read More »