‘It’s caused uproar’: Inside the fallout from WPP’s four-day office week mandate Media Earlier this month, WPP’s Mark Read sent an all-staff memo ordering employees back into the office for four days a week. With staff fearing an exodus of talent and a petition calling on the policy to be revoked, reaching nearly 20,000 signatures, Ali Lyon tells the inside story of a firm known for its brand [...]
S4 Capital: Sir Martin Sorrell’s ad giant loses its CFO Business 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 [...]
Sir Martin Sorrell: Tax hikes risk hurting UK productivity Economics 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.
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.
Martin Sorrell’s S4Capital places hope in AI as revenue slumps across the board May 10, 2024 S4Capital has been hit by lower advertising spending.
Sir Martin Sorrell’s S4Capital hits stormy waters after breakneck growth March 27, 2024 Operational earnings before interest, tax, deprecation and amortisation (EBITDA) for the year came in at £93.7m, down 24.6 per cent on a reported basis or 36.6 per cent on a like-for-like basis.