News

New UK output figures a big boost for Brown and Labour

On the face of it a 0.2 per cent increase in the UK’s gross domestic product (more or less everything in the economy) for January to March might not look very exciting but it’s actually very good news for PM ...

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C4’s Andy Duncan trousers £1.4m – is this a payment for failure?

Well it is public money after all so it’s reasonable to ask the question. Recently-departed Channel 4 CEO Andy Duncan ‘earned’ the above sum in the last year through salary, payment of his one year rolling contract plus bonus and ...

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Score draw for UK hopefuls Brown, Cameron and Clegg

Liberal Democrat leader Nick Clegg, the clear winner in the first UK leaders debate, came under fierce pressure from Tory David Cameron and Labour PM Gordon Brown in last night’s televised debate (the second of three) but managed not to ...

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Procter & Gamble to back soap Oprah

Oprah Whinfrey that is, whose forthcoming Oprah Whinfrey Network, backed by Discovery Communications, has secured around $100m of advertising over three years from giant advertiser Procter & Gamble. Intriguingly Ad Age reports that the deal includes the ability for P&G ...

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Maurice Levy to hand over reins at Publicis

Maurice Levy, the boss of French ad giant Publicis Groupe for over 20 years, has said he is going to step down next year. Barring a pretty unforeseeable disaster Levy will leave the business in good shape as not just ...

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Ryanair’s O’Leary says he’ll pay up after all

After stating, with characteristic defiance, that his airline Ryanair wouldn’t compensate volcano afflicted passengers for any more than their air fares, CEO Michael O’Leary seems to be backtracking, saying he will cough up “reasonable costs.” The airline initially said that ...

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Like button takes Facebook closer to world domination

Facebook is introducing a ‘Like’ button to third party websites which means that users can add topics, products and content they like to their Facebook profiles. With over 400m users the company is certain to be sitting on a priceless ...

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Can CHI grow a big media business?

In its brief career London agency Clenmow Hornby Inge has done little wrong and a lot right, including trousering £30m from Sir Martin Sorrell’s WPP for a 49 per cent stake. But the jury is still out on its attempt ...

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