Babcock shines but FTSE 100 gives up early gains The FTSE 100 index closed down 40.24 points, 0.5%, at 8,718.75. The Independent UK · Jun 25, 2025
FTSE 100 dips while markets watch for US-China talks progress The FTSE 100 index fell 5.63 points, 0.1%, at 8,832.28 Evening Standard · Jun 9, 2025
The ‘death of creativity’? AI job fears stalk advertising industry WPP and others roll out AI-generated campaigns as Facebook owner Meta plans to let firms create their own ads The Guardian - UK · Jun 9, 2025
WPP boss Mark Read to step down amid AI pressure on advertising Mr Read took over the top role at the advertising company in 2018 amid a period of upheaval following the resignation of Sir Martin Sorrell. Evening Standard · Jun 9, 2025
WPP chief Mark Read to step down as ad agency battles AI CEO to leave global advertising group after three decades, with shares at lowest level in about five years The Guardian - UK · Jun 9, 2025
FTSE 100 Live 09 June: WPP boss to step down, tech firm backs £1.8bn takeover Hopes of a record push by the FTSE 100 index faded today amid the uncertainty of US-China trade talks and prospect of key economic releases later this week. Evening Standard · Jun 9, 2025
Paramount–Skydance Merger in Crisis: Trump Lawsuit and Cost Cuts Jeopardise Deal Paramount's board is wary of approving a settlement that could be seen as a bribe while awaiting FCC clearance. International Business Times UK · Jun 6, 2025
WPP’s CEO Mark Read is making a surprise departure. How he led the advertising giant through its toughest chapter Read has embraced AI’s potential while relying on WPP’s core strength—creativity, which will be more important than ever. Fortune · Jun 5, 2025
Deepfakes gave AI a bad rap but the tech has real uses—it just needs guardrails, experts say AI leaders have a “duty” to make sure the technology is used in a responsible way, said Daniel Hulme, CEO of Satalia. Fortune · May 7, 2025
WPP says US tariffs yet to hit client spending despite sales fall The FTSE 100 company told shareholders it is making progress despite a ‘challenging’ wider economic backdrop. Evening Standard · Apr 25, 2025
Trump news at a glance: ‘I’m not joking’ – Trump says he could seek third term Trump also says in interview he was ‘very angry’ with Putin and threatened to bomb Iran – key US politics stories from 30 March 2025 The Guardian - AU · Mar 31, 2025
Advertising giant WPP cuts diversity references from annual report Owner of Ogilvy and Grey agencies follows other multinationals in dropping or downplaying DEI policies since Trump’s election The Guardian - UK · Mar 30, 2025
Rolls-Royce boosts FTSE 100 as shares soar on profit upgrade Shares in the engine manufacturer soared by more than 15% after it also said it would buy back about £1 billion of stock from investors. Evening Standard · Feb 27, 2025
Ad giant WPP shares dive to four-year low as clients spend less money The London-listed company said its total revenues edged lower in 2024, with the final three months of the year impacted by weaker client spending. Evening Standard · Feb 27, 2025
Fortune · Feb 27, 2025 WPP stock slumps 15% as ad spending takes a back seat, pushing 2024 revenues down WPP's CEO Mark Read noted that the revenue slip was partly due to “weaker client discretionary spend.”
International Business Times UK · Feb 19, 2025 Expert Sparks Debate Over Claims WFH Is Destroying UK Businesses And Stifling Innovation Investor Sarkis M. believes working from home may cause reduced productivity and negative impacts on local businesses. His post has garnered backlash from workers who have benefited from WFH policies.
The Independent UK · Feb 11, 2025 Ad giant WPP reported to global watchdog for promotion of polluting clients Lawyers have filed a complaint to the Organisation for Economic Cooperation and Development on behalf of environmental campaigners.
Fortune · Feb 4, 2025 Citi’s Jane Fraser is bucking the RTO trend CEO Jane Fraser is maintaining a hybrid work policy and positioning the bank's flexibility as a competitive recruitment advantage.
The Guardian - UK · Feb 3, 2025 AI systems could be ‘caused to suffer’ if consciousness achieved, says research Experts and thinkers signed open letter expressing concern over irresponsible development of technology
Fortune · Jan 23, 2025 WPP CEO Mark Read dreams of 'getting closer' to the U.S. amid workforce anger over RTO mandate Despite expansion plans, 2025 could prove tricky for WPP's Read as he rolls out an unpopular RTO mandate.
International Business Times UK · Jan 17, 2025 'A Step Backwards in Employee Support': WPP Staff Fire Back On Four-Day Office Return Mandate A Change.org petition was set up by current WPP employees, who are disgruntled with the company's recent RTO mandate.
The Guardian - UK · Jan 13, 2025 Lloyds bankers could face bonus cut if not in office two days a week Group reviews office attendance as part of performance-related bonus targets for senior employees
Fortune · Jan 9, 2025 Amazon's sweeping RTO mandate might end up being more lax in Europe than in the U.S., report says Amazon's workers in the U.K. have a legal right to request flexible work, while those in the Netherlands are following earlier guidance on hybrid work.
Fortune · Jan 7, 2025 Global ad giant WPP issues sweeping RTO mandate for its 114,000 staff, calling them back to the office 4 days a week "I believe that we do our best work when we are together in person," CEO Mark Read wrote in the memo viewed by Fortune.
Creative Bloq · Dec 19, 2024 When two advertising giants merge, how are creatives affected? The true impact of the Omnicom/IPG merger: explained.