FTSE 100 smashes intra day high as investors call Trump’s bluff Markets The FTSE 100 surpassed its all-time high on Thursday with investors unfazed by the latest barrage of trade threats from President Donald Trump. The UK’s flagship index rallied over one per cent in morning trading to over 8,970. This topped a previous intra-day record of 8,908.82 set on March 3. Miners pioneered Thursday’s jump with [...]
WPP picks Microsoft exec Cindy Rose as CEO amid sliding sales Media WPP has named Microsoft executive Cindy Rose as its new chief executive, as the advertising giant battles declining revenues, key account losses, and a falling share price. Rose will step into the top job on 1 September 2025, replacing Mark Read, who is stepping down after seven years at the helm and more than three [...]
WPP shares dive after sales slump Media Shares in advertising giant WPP plummeted by over 13 per cent on Wednesday morning after the company said sales would take a hit in the second quarter after it lost several key accounts. The FTSE 100 firm said on Wednesday revenue for the first half was expected to decline between 4.2 and 4.5 per cent. [...]
WFH: Office workers in line for quicker promotions and higher pay June 17, 2025 Staff who attend the office regularly can expect bigger pay rises and faster promotions than peers who prefer to work from home (WFH), a fresh survey of top employers has found. According to research from recruitment shop Reed, over two thirds (68 per cent) of UK companies are more likely to compensate office regulars with [...]
WPP boss Mark Read to step down June 9, 2025 WPP’s chief executive Mark Read will step down at the end of this year after the advertiser’s shares hit a four-year low earlier this year amid global economic headwinds and the rise of AI across the sector. Read departs after more a 30-year stint at the London-listed advertising group, of which seven were in the [...]
Panel sessions and punk music: SXSW comes to London May 24, 2025 In the first week of June, the world’s largest tech, business and arts festival, SXSW, will make its European debut in Shoreditch. Ali Lyon asks its its chief executive, Max Alexander, why London, and why now? Of the many aspirations Max Alexander has for next month’s inaugural South by Southwest London, there is one which [...]
‘Richard Branson told me not to start my business’: Gravita CEO Caroline Plumb May 8, 2025 We dig into the memory bank of the City’s great and good. Today, Gravita CEO Caroline Plumb tells us about her life as a serial entrepreneur.
Are we witnessing the slow death of advertising holding companies? May 5, 2025 The feted founder of AKQA, Ajaz Ahmed, has launched a new agency that promises to take on the “slow, bureaucratic” ad groups that since the pandemic have have been labouring under stagnant revenues and falling share prices. Ali Lyon asks: “Are those holding companies on borrowed time?” Ajaz Ahmed is not a man to shy [...]
The Capitalist: Ian King’s sendoff, Guido adventures and your workplace weather rights May 1, 2025 Ian King's Sky sendoff, the man behind Guido Fawkes and your workplace weather rights; catch up on the latest gossip in The Capitalist.
Why Adolescence could unexpectedly boost teacher recruitment April 29, 2025 It may feel counterintuitive, but by showing the brutal reality of teaching, Adolescence could just inspire a new wave of teachers, writes Matt Waksman.