S4 Capital: Sir Martin Sorrell’s ad giant loses its CFO January 9, 2025 S4 Capital, the ad giant run by Sir Martin Sorrell, is set to lose its chief financial officer Mary Basterfield. Basterfield has been CFO of S4 Capital since January 2022, having previously worked as CFO of Warner Music Group and UKTV, as well as group finance director of Just Eat. She has a twelve month [...]
Khan unveils plan to make housing affordable for key workers November 25, 2024 Mayor Sadiq Khan has launched a consultation on plans to make housing more affordable for Londoners. Khan has proposed rents based on 40 per cent of key workers’ average household incomes, with rent rises potentially linked to wage growth. The proportion of a key worker’s income needed to cover rent on a median one-bedroom property [...]
Affordable housebuilding in London down 88 per cent in dent to Khan’s rep November 24, 2024 The number of affordable homes built in London between April 2023 and March this year fell by 88 per cent, despite continued promises from Mayor Sadiq Khan to boost the supply of housing in the capital. Just over 3,100 affordable housing builds began work across Greater London between April 2023 and March of this year, [...]
Sir Martin Sorrell: Tax hikes risk hurting UK productivity October 29, 2024 The government’s potential tax hikes and changes to investment relief could drive capital abroad, discourage hiring and stymie productivity, former WPP chief Sir Martin Sorrell has warned ahead of tomorrow’s Autumn Statement.
Reeves to strike positive tone in Party Conference speech September 23, 2024 Rachel Reeves is set to promise a Budget that will “rebuild Britain” in a speech at the Labour Party Conference that will claim that the “work of change has only just begun”. In a notably more optimistic tone than Labour has adopted in recent weeks, the Chancellor will vow to deliver a “Britain of opportunity, [...]
S4 Capital: Revenue down and debt up at Sir Martin Sorrell’s ad giant September 19, 2024 Sir Martin Sorrell’s S4 Capital’s post-pandemic struggles have carried through into its latest results, which revealed a sharp decline in revenue and ballooning debt. The London-listed media holding group, which ad guru Sorrell founded after a sudden exit from WPP in 2018, saw its net revenue reduce by 15.6 per cent from £445.5m to £375.1m [...]
Sir Martin Sorrell: Labour’s working week reforms won’t help firms September 17, 2024 British businessman Sir Martin Sorrell has said that altering the working week will not boost productivity in the UK, pushing back on Prime Minister Keir Starmer’s pledges to transform Britain’s work culture.
Paris 2024 vs Tokyo 2020: How do Team GB medals compare? August 11, 2024 The Olympics is over and Team GB are heading back to the United Kingdom. They won more medals than three years ago in Tokyo, but how does that break down? Their haul of 65 medals beats the 64 they won in the Japanese capital but they could muster just 14 gold medals, eight down on [...]
UK-based AI startup raises £4m to automate ‘hyper-personalised’ marketing campaigns August 9, 2024 Userled's funding will allow it to expand its team and continue developing its AI-powered technology, which is already used by companies like Wayflyer, Deel, Onfido and Encord.
Driving Growth: How Golf Saudi’s Aramco Team Series is Connecting Golf with Business July 21, 2024 Underpinning the tournament is Golf Saudi’s commitment to providing an environment in which business and golf can easily connect and enhance the global game.