News

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.

Revolt over boardroom pay gains momentum

Anger over boardroom pay will explode again this week as further investor rebellions demonstrate the "shareholder spring" of unrest continues.

'Shareholder spring' revolt over fat cat pay poised to gather pace

Anger over boardroom pay will explode again this week as further investor rebellions demonstrate the "shareholder spring" of unrest continues unabated.

Lord Bell set for battle with WPP over Bell Pottinger buyout plan

Lord Bell is poised to spell out plans for his controversial buyout of the PR firm Bell Pottinger at the annual meeting of parent company Chime Communications this Wednesday, in the face of fierce opposition.

Business week in review

In profit...

'PM does not have credible growth plan', says Sorrell

One of Britain's leading captains of industry yesterday warned that David Cameron has still not come up with a credible growth plan and risks being "blown off course" by news events.

It's bad, but this is not a recession, say businesses

Business leaders cast doubt on yesterday's gloomy GDP figures, arguing that the slump they suggested was not only at odds with their experience but also threatened Britain's fragile economic confidence.

Britain's bosses tell the ONS: it's bad, but not a recession

Corporate leaders fear GDP data will panic consumers while CBI suggests manufacturing remains robust

Stephen Glover: Murdoch haters can't have itboth ways

The tragic death of Marie Colvin has stirred a thousand pens into action, and rightly so. David Cameron and Ed Miliband praised her in the Commons. After months during which newspapers and journalists have been portrayed in unflattering terms, here was a brave and resourceful reporter who had devoted her life to writing about the horrors of war. Despite the awfulness of what had happened, many journalists felt a little better about their trade.

Business Diary: Britain sticks it to French again

In this era of isolationism, the British Government clearly isn't missing any opportunity to stick two fingers up to the French.

Markets crisis could prompt new spending dip, says Sorrell

The world's largest advertising group, WPP, has warned the latest stock-market crisis could hit client spending in 2012, as emerging-market and digital services helped it to post a surge in first-half profits.

Market Report: Aegis shoots higher on talk of a bid from WPP

Bid speculation returned around Aegis last night, as vague rumours suggesting its much bigger rival WPP may be interested in a renewed takeover attempt prompted a sharp rally late in the session.

Leading article: No escape from Sir Martin's watchful eyes

When you make your next purchase online, Sir Martin Sorrell will probably get to learn of it. The Briton who heads the world's biggest advertising group, WPP, yesterday launched a new company, Xaxis, which will preside over the "world's largest database" of 500 million personal profiles, based on such things as the individual's choice in websites and purchases made online. Xaxis will track "almost 100 per cent of the UK population".

WPP's Sir Martin joins board of Stanhope Capital

Sir Martin Sorrell, advertising giant WPP's chief executive, is joining the board of Stanhope Capital, one of Britain's biggest wealth-management groups – with $7.5bn of funds.

Business diary: Tesco's ruthless shopper pursuit

Is Tesco's pursuit of every last high street pound going just a little too far? Only asking, after seeing a customer, who had abandoned in frustration an attempt to buy a bottle of water at a self-service till, being pursuing down Wimbledon's high street by a staff member calling on nearby policemen for help to stop her. He escorted her back to the till and ordered her to complete the transaction, before an apologetic manager intervened.

WPP's Sorrell says he is 'optimistic'

Sir Martin Sorrell, chief executive of advertising giant WPP said he was "cautiously optimistic" over the group's prospects for the year.

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Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 30 January 2015
As in 1942, Germany must show restraint over Greece

As in 1942, Germany must show restraint over Greece

Mussolini tried to warn his ally of the danger of bringing the country to its knees. So should we, says Patrick Cockburn
Britain's widening poverty gap should be causing outrage at the start of the election campaign

The short stroll that should be our walk of shame

Courting the global elite has failed to benefit Britain, as the vast disparity in wealth on display in the capital shows
Homeless Veterans appeal: The rise of the working poor: when having a job cannot prevent poverty

Homeless Veterans appeal

The rise of the working poor: when having a job cannot prevent poverty
Prince Charles the saviour of the nation? A new book highlights concerns about how political he will be when he eventually becomes king

Prince Charles the saviour of the nation?

A new book highlights concerns about how political he will be when he eventually becomes king
How books can defeat Isis: Patrick Cockburn was able to update his agenda-setting 'The Rise of Islamic State' while under attack in Baghdad

How books can defeat Isis

Patrick Cockburn was able to update his agenda-setting 'The Rise of Islamic State' while under attack in Baghdad
Judith Hackitt: The myths of elf 'n' safety

Judith Hackitt: The myths of elf 'n' safety

She may be in charge of minimising our risks of injury, but the chair of the Health and Safety Executive still wants children to be able to hurt themselves
The open loathing between Barack Obama and Benjamin Netanyahu just got worse

The open loathing between Obama and Netanyahu just got worse

The Israeli PM's relationship with the Obama has always been chilly, but going over the President's head on Iran will do him no favours, says Rupert Cornwell
French chefs get 'le huff' as nation slips down global cuisine rankings

French chefs get 'le huff' as nation slips down global cuisine rankings

Fury at British best restaurants survey sees French magazine produce a rival list
Star choreographer Matthew Bourne gives young carers a chance to perform at Sadler's Wells

Young carers to make dance debut

What happened when superstar choreographer Matthew Bourne encouraged 27 teenage carers to think about themselves for once?
Design Council's 70th anniversary: Four of the most intriguing prototypes from Ones to Watch

Design Council's 70th anniversary

Four of the most intriguing prototypes from Ones to Watch
Dame Harriet Walter: The actress on learning what it is to age, plastic surgery, and her unease at being honoured by the establishment

Dame Harriet Walter interview

The actress on learning what it is to age, plastic surgery, and her unease at being honoured by the establishment
Art should not be a slave to the ideas driving it

Art should not be a slave to the ideas driving it

Critics of Tom Stoppard's new play seem to agree that cerebral can never trump character, says DJ Taylor
Bill Granger recipes: Our chef's winter salads will make you feel energised through February

Bill Granger's winter salads

Salads aren't just a bit on the side, says our chef - their crunch, colour and natural goodness are perfect for a midwinter pick-me-up
England vs Wales: Cool head George Ford ready to put out dragon fire

George Ford: Cool head ready to put out dragon fire

No 10’s calmness under pressure will be key for England in Cardiff
Michael Calvin: Time for Old Firm to put aside bigotry and forge new links

Michael Calvin's Last Word

Time for Old Firm to put aside bigotry and forge new links