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WPP cheered the City yesterday as its half-year profits surged almost 20 per cent to £429m and the advertising giant promised to keep raising the dividend.

Former Ofcom boss to take helm at Lloyd's List owner

The former Ofcom chief executive Stephen Carter was named the next chief executive of the publisher and events group Informa yesterday as Peter Rigby announced he is stepping down in December after 25 years at the top.

Schroders star Andy Brough signs up for Ukip

One of the City’s best-known fund managers has joined Ukip as the business world continues to pick sides over Europe.

Diageo’s outgoing chief executive, Paul Walsh, with some of the company’s products

Paul Walsh calls time on Diageo: Outgoing boss will leave the global drinks giant in high spirits

Ivan Menezes celebrated his success landing the job as boss of the world's biggest drinks company, Diageo, with a glass of Johnnie Walker Blue Label whisky on the flight from London to New York. The promotion of the chief operating officer and company insider didn't scare the horses in the City as the shares barely twitched. But as he sipped the £130 liquor on the plane Mr Menezes might well have pondered the shoes he will have to fill when Paul Walsh, the FTSE 100's third longest-serving boss, departs.

James Moore: Little for us to toast as Sorrell's glass overflows

Outlook Is your glass half full or half empty? In the marketing, PR and advertising industries, it's not just half full. It's wow look at this marvellous, mega, super-duper drinky thing I've still got loads of. Half full? Half full? It's doubleplus half full, that's what it is. And don't get me started on how cool that dinky little cocktail brolly is!

Editorial: A dangerous admission, Sir Martin

Statements of the obvious can be fraught with peril. Just ask Gerald Ratner, who wiped £500m off the value of his jewellery business by admitting that many of its cheap-as-chips products were, in fact, "total crap".

Sorrell group may pull all its ads from Channel Four in costs row

Channel 4 is facing the prospect that the world's biggest advertising group could, from January, pull all its ads in a major test of strength over the cost of TV airtime.

Channel 4 in ad revenue dust-up with Sorrell’s WPP

Channel 4 is facing the prospect that the world’s biggest advertising group could, from January, pull all its ads in a major test of strength over the cost of TV air-time.

Business week in review

In profit ...

Sir Martin Sorrell warns of 'grey swan' troubles ahead in advertising slowdown

WPP, the world's biggest advertising group, has raised fresh fears of a global economic slowdown as it warned of a marked change in behaviour by clients since September.

WPP's return to UK a boost for Osborne

The advertising giant WPP has confirmed it is moving its tax base from Ireland back to the UK in a long-awaited decision that will be a boost for the Chancellor, George Osborne.

Sir Martin Sorrell carries the Olympic flame through the streets of Redbridge in London yesterday

Marketing guru Sorrell jogs on by with a smile

First came Coca-Cola's free sample bearers. Then the trotting Samsung flag distributors and the Lloyds TSB streamer wavers. And finally, with a broad smile as he bore the fiery symbol of sporting purity, came the millionaire ad man who knows the power of a brand more than any other.

France’s top ad man on growth, creativity and the French economy

Maurice Levy claims the President won't help the economy, but unlike Sir Martin Sorrell he has no plans to leave home

The short knight, the tall pay and an investor rebellion

For comedy purposes only, we return, with great reluctance, to Sir Martin Sorrell. Here's the man some call June 21st – that's the shortest (k)night – discussing the fuss over his gigantic pay: "We understand what people are concerned about and the board will be consulting widely with shareholders to find out specifically what they have in mind."

James Moore: First blood goes to Lord Bell in battle of the heavy hitters

Outlook Seconds out: round two. Chime Communications yesterday unveiled the terms of the sale of its public relations and lobbying businesses to Lord Bell, who is also Chime's chairman, for close to £20m.

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Kirstie Allsopp has waded into the female fertility debate again

Sport
footballArsenal 4 Galatasaray 1: Wenger celebrates 18th anniversary in style
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peopleStella McCartney apologises over controversial Instagram picture
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Gillian Anderson was paid less than her male co-star David Duchovny for three years while she was in the The X-Files until she protested and was given the same salary
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Gillian Anderson lays into gender disparity in Hollywood

Life and Style
Laid bare: the Good2Go app ensures people have a chance to make their intentions clear about having sex
techCould Good2Go end disputes about sexual consent - without being a passion-killer?
Arts and Entertainment
Swiss guards stand in the Sistine Chapel, which is to be lit, and protected, by 7,000 LEDs
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The Sistine Chapel is set to be illuminated with thousands of LEDs

Arts and Entertainment
Richard Burr remains the baker to beat on the Great British Bake Off
tvRichard remains the baker to beat as Chetna begins to flake
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Prices correct as of 26 September 2014
Italian couples fake UK divorce scam on an ‘industrial scale’

Welcome to Maidenhead, the divorce capital of... Italy

A look at the the legal tourists who exploited our liberal dissolution rules
Tom and Jerry cartoons now carry a 'racial prejudice' warning on Amazon

Tom and Jerry cartoons now carry a 'racial prejudice' warning on Amazon

The vintage series has often been criticised for racial stereotyping
An app for the amorous: Could Good2Go end disputes about sexual consent - without being a passion-killer?

An app for the amorous

Could Good2Go end disputes about sexual consent - without being a passion-killer?
Llansanffraid is now Llansantffraid. Welsh town changes its name, but can you spot the difference?

Llansanffraid is now Llansantffraid

Welsh town changes its name, but can you spot the difference?
Charlotte Riley: At the peak of her powers

Charlotte Riley: At the peak of her powers

After a few early missteps with Chekhov, her acting career has taken her to Hollywood. Next up is a role in the BBC’s gangster drama ‘Peaky Blinders’
She's having a laugh: Britain's female comedians have never had it so good

She's having a laugh

Britain's female comedians have never had it so good, says stand-up Natalie Haynes
Sistine Chapel to ‘sing’ with new LED lights designed to bring Michelangelo’s masterpiece out of the shadows

Let there be light

Sistine Chapel to ‘sing’ with new LEDs designed to bring Michelangelo’s masterpiece out of the shadows
Great British Bake Off, semi-final, review: Richard remains the baker to beat

Tensions rise in Bake Off's pastry week

Richard remains the baker to beat as Chetna begins to flake
Paris Fashion Week, spring/summer 2015: Time travel fashion at Louis Vuitton in Paris

A look to the future

It's time travel fashion at Louis Vuitton in Paris
The 10 best bedspreads

The 10 best bedspreads

Before you up the tog count on your duvet, add an extra layer and a room-changing piece to your bed this autumn
Arsenal vs Galatasaray: Five things we learnt from the Emirates

Arsenal vs Galatasaray

Five things we learnt from the Gunners' Champions League victory at the Emirates
Stuart Lancaster’s long-term deal makes sense – a rarity for a decision taken by the RFU

Lancaster’s long-term deal makes sense – a rarity for a decision taken by the RFU

This deal gives England a head-start to prepare for 2019 World Cup, says Chris Hewett
Ebola outbreak: The children orphaned by the virus – then rejected by surviving relatives over fear of infection

The children orphaned by Ebola...

... then rejected by surviving relatives over fear of infection
Pride: Are censors pandering to homophobia?

Are censors pandering to homophobia?

US film censors have ruled 'Pride' unfit for under-16s, though it contains no sex or violence
The magic of roundabouts

Lords of the rings

Just who are the Roundabout Appreciation Society?