Getting creative: As agency margins get thinner, CHI & Partners’s Sarah Golding explains how the advertising industry can keep attracting young talent September 12, 2016 There are so many creative industries; young people have never had greater choice,” says Sarah Golding, chief executive of CHI & Partners. Attracting talent, she believes, is the biggest issue facing creative agencies today. “It is hard for creative agencies in the marketing industry to attract them; the best ones are in the centre of town and [...]
Government set to make BBC reveal pay packets of stars on more than £150k September 10, 2016 The next BBC royal charter will force the organisation to divulge the names of more than 100 of its stars who are paid more than £150,000 a year. The charter, which is due to be published on Thursday, is understood to slash the level at which the BBC must disclose the pay of its leading [...]
First the coffee shop, then the events shed, and now this: The Guardian closes its T-shirt business September 9, 2016 Another month, another abandoned venture at the Guardian. News reaches the Capitalist that the newspaper group’s shop – retailer of T-shirts with slogans such as “48%er”, “I’m the one the Daily Mail warned you about” and, alongside a picture of Jeremy Corbyn, “Old Labour New Start” – is to close next month. The online store also sells bags, [...]
#UhOh: Twitter shares fall further as chief exec Jack Dorsey set to come under pressure September 9, 2016 Twitter’s shares tumbled six per cent in the US yesterday amid reports that the firm’s chief executive is under pressure to turn things around within the next few quarters. The social media giant’s board met on Thursday to look at money-saving options, CNBC first reported, and a sale of the company could also be considered. [...]
Pressure for pay reform may now be irresistible September 9, 2016 Chris Philp’s timing is impeccable. Theresa May’s fresh vow to reform executive pay had no sooner been uttered this week than her fellow Conservative MP was spraying bullets at company directors, institutional investors and remuneration consultants. A looming autumn crackdown by the government explains why committee room 15 in the House of Commons was packed on [...]
Micro Focus’s HP deal hailed as post-Brexit statement of confidence from British business September 8, 2016 British company Micro Focus revealed an $8.8bn (£6.6bn) takeover of the software division of US giant Hewlett Packard yesterday, with the audacious swoop hailed as an assertion of post-Brexit confidence and a landmark deal for the UK tech sector. City analysts said the deal also signalled a “change from the post-Brexit dialogue of UK businesses [...]
You Say You Want A Revolution? Records and Rebels 1966-1970 at the V&A is a chaotic, messy but satisfyingly psychedelic trip September 8, 2016 We’re not exactly short of gushing eulogies of the late 1960s, but the V&A’s new exhibition does at least allow us another chance to ponder the formative years of a generation many blame for the near-breakdown of western civilisation. Records and Rebels does little to disprove the theory that baby boomers had their cake and [...]
This is what Apple’s EU tax bill story can teach us about brand ethics September 8, 2016 Apple garnered the tech world's spotlight yesterday with the launch of its shiny new iPhone, overshadowing for many last week's decision by the European Commission to issue the company with a €13bn (£11.1bn) tax bill. The EC's decision was unprecedented, and its severity has been met with surprise by many. However, the fact that a big corporate [...]
John Malone’s Liberty Media buys first slug of Formula One and agrees to pay $4.4bn in total September 8, 2016 Liberty Media has bought a minority stake in Formula One in an agreement that will ultimately see the US media-giant take ownership of the company that runs the sport. Controlling shareholder CVC Capital Partners announced overnight the sale of an 18.7 per cent stake in the business for $821m. This is the prelude to a deal that will [...]
The six rules of successfully socialising after work September 8, 2016 Following two drug-related deaths, the nightclub Fabric has closed its doors, leaving London with one less sticky floor to dance on when your team finishes work for the week. Maybe a nightclub isn’t an ideal place to take colleagues anyway. Or maybe you’re a disciple of Jeremy Corbyn, who wouldn’t do something so sexist as [...]