WPP feud with former boss Sir Martin Sorrell heats up with fresh row over £600,000 worth of bonus payments By Matt Oliver For The Daily Mail Published: 22:54 BST, 29 April 2021 | Updated: 22:54 BST, 29 April 2021 WPP’s feud with former boss Sir Martin Sorrell has escalated after the advertising giant tried to … Read more
Advertising agency WPP has admitted to understating its losses by hundreds of millions of pounds after an embarrassing accounting debacle. In a highly unusual error, it said its statutory losses were mis-stated by £301million for the first six months of this year. It means the record half-year loss of £2.6billion that the world’s largest advertising … Read more
WPP posts drop in third-quarter revenues but softens blow by winning a string of customers By Daily Mail City & Finance Reporter Published: 22:27 GMT, 29 October 2020 | Updated: 22:46 GMT, 29 October 2020 WPP posted a drop in third-quarter revenues but softened the blow by winning a string of customers. The British advertising … Read more
Boss of WPP says advertising giant is poised to go on buying spree after patching up finances By Daily Mail City & Finance Reporter Published: 21:51 BST, 18 October 2020 | Updated: 21:51 BST, 18 October 2020 The boss of WPP says the advertising giant is poised to go on a buying spree after patching … Read more
WPP brings back dividend after bosses declare advertising business has weathered worst of coronavirus crisis By Matt Oliver For The Daily Mail Published: 22:16 BST, 27 August 2020 | Updated: 22:16 BST, 27 August 2020 WPP has brought back its dividend after bosses declared the advertising business has weathered the worst of the coronavirus crisis. … Read more
When economic downturns strike, one area companies always slash spending on is advertising – so coronavirus is far from good news for ad agency WPP By Daily Mail City & Finance Reporter Published: 21:50 BST, 21 August 2020 | Updated: 21:50 BST, 21 August 2020 When economic downturns strike, one area that companies almost always … Read more
WPP battens down the hatches over pandemic amid rumours it could become a takeover target By Matt Oliver For The Daily Mail Published: 22:20 BST, 31 March 2020 | Updated: 22:20 BST, 31 March 2020 WPP is slashing pay and its dividend as rumours swirl that it could become a takeover target. The advertising group … Read more
STOCK MARKET WATCHLIST: Life after Sir Martin Sorrell sees WPP seek buyer for its £3bn market research firm Kantar By Edited By Jamie Nimmo For The Financial Mail On Sunday Published: 21:48 BST, 13 April 2019 | Updated: 10:13 BST, 15 April 2019 WPP’s post-Sorrell clear-out kicks off in earnest this week. The advertising giant … Read more