Finance

Bank pulls the plug on struggling Media Square

Embattled mini-marcoms group Media Square, which owns Dave Trott’s agency csttg, has asked for its shares on London’s AIM stock market to be suspended after its (so far unnamed) bank declined to offer the additional funding it needs. “The company’s ...

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Why HSBC £40m fine over mis-selling to older customers gives marketing a bad name

Chris Barraclough, writing in Marketing magazine, is right. While the marketing community obsesses about Marks & Spencer lingerie ads, Size Zero models, Twitter trending and the monetisation of Facebook, it is almost entirely oblivious to some criminality of Dickensian proportions ...

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Doomy gloomy old Europe drives down new ZenithOptimedia adspend forecast

Which shouldn’t surprise anyone really – let’s just hope Angela Merkel and Nicolas Sarkozy bear the ad industry in mind when they meet for the umpteenth time today to try to sort out a eurozone fix. Publicis Groupe-owned ZenithOptimedia produces ...

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New Indian retail rules should mean a bonanza for ad agencies

After years of lobbying India is finally going to relax its rules on foreign retailers, allowing overseas supermarket giants like Wal-Mart, Carrefour and Tesco to own up to 51 per cent of operations in India and ‘single-brand’ retailers (supermarkets are ...

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