Finance

Top London ad agencies including Wieden+Kennedy and DDB are believed to be cutting staff as the UK economy falters and more marketers say they are cutting budgets. 28 per cent of marketers surveyed in the UK ad trade body the ...

Rupert Murdoch has pulled News Corporation’s bid to buy the 61 per cent of BSkyB it doesn’t own saying the ‘current climate’ makes it impossible. This happened shortly before the House of Commons was due to debate a motion opposing ...

Which might take some of the heat off Rupert Murdoch, facing blanket condemnation in the UK Parliament and demands that he drop News Corporation’s bid for BSkyB, except that the only new paper to be outed so far is the ...

We never realised Sir Martin Sorrell was a petrolhead but, not content with being a board member of Grand Prix racing governing body F1, his company WPP has just bought a minority stake in motor racing agency Just Marketing International. ...

Publicis Groupe chairman and CEO Maurice Levy announced recently that he was increasing this year’s transfer budget to €700m (well ahead of rival WPP’s £200m) ahd he’s just spent a bit more of it buying Brazil’s long-established DPZ agency. PG ...

It was bound to happen and it’s all rather reminiscent of WPP rowing into the (ultimately) abortive GfK deal to merge with TNS back in 2008. French researcher Ipsos is in ‘exclusive’ talks with media buyer Aegis to buy its ...

Sound like an extraordinary idea? News Corporation, run by Rupert Murdoch and James Murdoch, decided to close the News of the World, Britain’s biggest-selling newspaper, to try to terminate the phone-hacking scandal. End result? Hundreds of people not implicated in ...

Rupert Murdoch took the decision to close the News on the World on Tuesday it seems as that was the day his News International registered the name ‘The Sun on Sunday,’ the working title (and likely real title) for the ...

WPP is buying a majority stake in India’s Mindset Advertising which will be added to its JWT network Founded in 1998 and based in Hyderabad, Mindset is a full service advertising agency that offers creative services, strategic planning and campaign ...