London-listed company’s market value has dropped behind US rival OmnicomWPP is no longer the world’s biggest marketing and advertising services group by market capitalisation after the UK company’s stock market value slipped below that of US rival Omni…
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WPP in talks to buy FT’s London HQ in £90m-plus deal
One Southwark Bridge could become ad group’s head office in break from Sorrell era WPP is in advanced talks to buy the Financial Times’s London headquarters for more than £90m in another significant break from the Sir Martin Sorrell era.The media and a…
Read moreNissan censured by ad watchdog over electric car claims
Carmarker had suggested Leaf could largely replenish battery capacity within an hourThe UK advertising watchdog has ruled Nissan made misleading claims about how fast its flagship electric car can be recharged, marking the first time a car manufacturer…
Read moreNoel Edmonds fails to get Lloyds Bank’s black horse ads banned
Former Deal or No Deal host in dispute over bank’s handling of HBOS fraud scandalNoel Edmonds has failed in a bid to get Lloyds Bank’s black horse TV ads banned, as the TV presenter’s £60m legal battle with the banking group becomes increasingly acrimo…
Read moreLabour pledges ban on TV gambling adverts during live sports
Tom Watson announces a number of policies designed to tackle addiction ‘epidemic’ Gambling companies will be banned from advertising on television during live sports if Labour wins the next general election, as part of a crackdown designed to tackle an…
Read moreWebsites of Kinder chocolate banned over ads targeting children
UK advertising watchdog says firm broke rules on junk food promotion by using games and videos of toys for toddlersA series of websites, an app and a YouTube channel promoting Kinder chocolate and toys have been banned in the UK for aiming junk food ad…
Read moreNike releases full ad featuring Colin Kaepernick – video
Nike has unveiled its first ‘Just Do It’ ad narrated by Colin Kaepernick. The two-minute commercial highlights superstar athletes LeBron James, Serena Williams and others, and touches on the controversy of NFL players protesting against racial inequali…
Read moreThe John Lewis Bohemian Rhapsody ad: more fandango than magnifico | Jack Bernhardt
Instead of spending millions on a commercial, the newly rebranded company should treat its partners with more respectIt doesn’t seem right for John Lewis to release one of its adverts in the summer. I was under the impression that there was a ceasefire…
Read moreWPP confirms Mark Read as chief executive
Sir Martin Sorrell’s successor says he does not plan break-up but ‘there are no sacred cows’WPP, the world’s largest marketing services group, has officially appointed Mark Read as its new chief executive.Read, 51, has been jointly running WPP on an in…
Read moreWPP understood to be in talks with Mark Read about £7m pay package
New chief exec could receive half of what Martin Sorrell earned in last full year in chargeWPP is understood to be in talks with its new boss, Mark Read, about a pay package worth about £7m annually if he is able to successfully turn around the fortune…
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