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 [...]
Ed Warner: Seb Coe, Gary Glitter and the most powerful job in sport September 19, 2024 Seb Coe, newly confirmed as one of seven candidates for the presidency of the International Olympic Committee (IOC), is regarded as a serial vote winner. It wasn’t always thus. Witness his single term in office as the MP for Falmouth and Camborne in Cornwall, ousted by Candy Atherton as Labour swept to power in 1997. [...]
Mark Kleinman: Black comeback would be a tall Telegraph tale September 19, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City A.M. column. This week he tackles splashy Telegraph stories, Legal & General’s spring cleaning and the tax hike fears Black comeback would be a tall Telegraph tale Hold the front page: do comebacks arrive any [...]
The Lib Dems are blowing a golden opportunity September 19, 2024 The Lib Dems have never had a better chance to win support but they’re making two big mistakes: they think the Tories are their enemy and they think they’re doing well, says Andy Preston The Lib Dems have never had such a golden opportunity to win attention, support and move the dial in politics. But [...]
Worst corporate jargon of the week: The roadmap September 19, 2024 "Get in losers! We’re going to lift sales by five per cent in quarter four!"
Is ESG dead? And if so, who killed it? September 19, 2024 ESG has become increasingly politicised. Has it reached the end of the line? Asks Neil MacLeod
Google wins £1.3bn case against EU ruling over ad product September 18, 2024 Google has overturned a nearly €1.5bn (£1.3bn) EU fine related to its AdSense advertising platform in a win for the tech giant following two major fines. The General Court has found “errors” in the European Commission’s 2019 assessment of Google’s advertising contracts with publishers. Europe’s second highest court, based in Luxembourg, has annulled the fine [...]
LAD Bible owner LBG Media swings to profit as audience hits record high September 18, 2024 LAD Bible owner LBG Media has swung to a profit and posted as its global audience nears 500m, sending shares up over seven per cent at the opening bell on Wednesday. The London-listed digital entertainment company recorded a profit of £7.1m in the first half of 2024, turning around from losses of £1.2m in the [...]
Haldane is right – the Chancellor’s doom-mongering is dangerous September 18, 2024 The stories we tell ourselves matter in economics, writes Paul Ormerod
Guardian Media Group in talks to sell The Observer to Tortoise Media September 17, 2024 The Guardian Media Group is in talks to sell The Observer newspaper to Tortoise Media, a news business launched in 2019 by a former BBC director. The media giant is in exclusive discussions to sell the world’s oldest Sunday newspaper, it was first reported by Sky News‘ Mark Kleinman. Tortoise approached the Guardian newspaper group with an offer to [...]