WPP boss Mark Read to step down Business 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 [...]
From porridge to pizza: Junk food ban will have ‘inevitable impact on growth’ – advertisers warn Politics A pre-watershed ban on advertising junk food will have an “inevitable impact” on the UK’s “wider economic growth”, an advertising industry body has warned. The government claims the new policy, which will come into force from October 2025, will prevent an estimated 20,000 cases of childhood obesity. Legislation published on Tuesday afternoon reveals the broad [...]
Social media drives UK online ad spend to highest level ever Media Total ad spend rose six per cent in 2023 to £36.6bn, although this translated to a 1.2 per cent contraction after accounting for inflation.