WPP sales return to growth as Cindy Rose’s turnaround gathers pace Media Advertising giant WPP returned to revenue growth in the third quarter as chief executive Cindy Rose’s turnaround plan began to show signs of progress, although its creative business continued to struggle. The London-listed group reported revenue of £3.27bn in the three months to September, up 0.5 per cent from a year earlier, following a prolonged [...]
As it happened: WPP leads FTSE higher as market digests ‘do no harm’ Budget FTSE 100 Live Welcome to City AM‘s FTSE 100 liveblog. It’s Thursday morning and stocks are set to rise on the market open. Investors will be picking through John Healey’s maiden Budget throughout the day, which pushed up shares in banks and gambling firms after they were spared worse tax raids. The FTSE 100 closed level on Wednesday [...]
New York named world’s top sport city as London trails in fourth place Sport Business New York has been crowned the world’s leading sport city while London continues to lag in fourth place in a new independent ranking published today. The Big Apple has benefited from increased visibility in 2026, driven by hosting the World Cup final and the Knicks ending their long wait for the NBA championship. That lifted [...]
WPP slashes jobs as revenue continues to fall August 6, 2026 Embattled advertiser WPP slashed jobs in the first half of the year as its revenue continued to fall. The London-listed media group cut another 1,267 employees in the first half, around 1.3 per cent of its total staffing. Across the 12 months to June, WPP has now slashed its total workforce by 6.4 per cent [...]
Daniel Hulme: I asked Elon Musk on a yacht to help me solve AI consciousness July 9, 2026 Daniel Hulme is a global AI expert. He tells us about studying AI on a two-person course 27 years ago, and meeting Elon Musk on a yacht.
WPP Media CEO: Creative industries should bet big on London, the city of brilliant lunatics June 4, 2026 London has been named the best city in the world for culture - it should be creative industries' first choice, writes WPP Media's Kate Rowlinson.
Martin Sorrell calls WPP ‘catatonic’ as Goldman slaps sell rating on its own client June 4, 2026 Sir Martin Sorrell spent 33 years turning WPP from a small Kent-based wire and plastics manufacturer into the world’s largest ad company. He left in 2018 following a dispute over personal conduct that he has consistently denied, and has been a vocal critic of his successors ever since. “I think they are further gone than [...]
S4 Capital cuts jobs as Sorrell predicts ‘fewer people’ in advertising June 4, 2026 S4 Capital has cut a further 150 jobs this year, amid warnings from Sir Martin Sorrell that AI will leave the advertising industry employing “fewer people” in the years ahead. The London-listed marketing group said its workforce has fallen to around 6,200, down from roughly 7,000 a year ago, as clients continue to rein in [...]
WPP sales down again despite uptick in new business April 28, 2026 WPP saw its revenue fall by more than six per cent in the first three months of 2026, piling pressure on the advertising giant’s turnaround plan just two months after it was unveiled. The FTSE 250 holding group saw its sales fall by 6.6 per cent to £3bn in the first quarter, while revenue less [...]
FTSE 100 Live: Stocks dip as oil edges higher; BP posts profit boom April 28, 2026 Good morning and welcome back to the City AM liveblog. Oil returned to a three-week high comfortably over the $105 mark on Monday and those gains look set to continue today. Brent crude – the international benchmark for oil prices – edged over $110 on Tuesday morning as it once again appeared peace talks in [...]