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.

WPP predicts fall in 2009 revenue and warns of jobs losses

The advertising and public affairs giant WPP yesterday predicted a 2 per cent fall in 2009 sales as advertising continues to suffer from troubled firms reining in their spending on marketing and promotions.

Davos diary: 31/01/2009

It's your own time you're wasting, son

Niall Ferguson has obviously learnt a trick or two about dealing with unruly students during his many years in academia. The economic historian's lecture yesterday was fascinating stuff, but one audience memberclearly had his mind on other things, tapping wilfully away on hisBlackberry for much of the seminar. Unfazed, Ferguson addressed the miscreant directly. "I don't care how important whatever you're writing on that Blackberry is," Ferguson told him. "It won't be as important as what I'm about to say."

Jeremy Warner: In downbeat Davos, the happy capitalist is hard to find

Outlook If you want to cheer yourself up amidst all the economic gloom and doom, visit the World Economic Forum annual meeting here in Davos, where the mood is one of unrelenting "can do" optimism, as you would expectof business leaders for whom no challenge is too great.

Scardino and Sorrell disclose loans to FSA

As the disclosures of share-secured loans taken out by various company directors was made before yesterday's deadline, Dame Marjorie Scardino and the advertising guru Sir Martin Sorrell were among the directors whose loans were revealed.

WPP warns of 'very tough' 2009

Strong growth outside Europe and the US has buoyed its sales figures

WPP refuses to raise £1.1bn offer for TNS

Sir Martin Sorrell issues 'take it or leave it' message to rebel shareholders in Taylor Nelson Sofres as he tries to end bid battle

German firm GfK pulls out of TNS takeover

GfK, the German market information group, has pulled out of the running to take over Taylor Nelson Sofres (TNS), its UK counterpart, leaving Sir Martin Sorrell's WPP Group as the only (hostile) bid in town.

Advertising giant to woo TNS shareholders despite downturn

Sir Martin Sorrell, chief executive of WPP, is expected to set out his stall for a takeover of market research group Taylor Nelson Sofres this week, as the advertising giant posts what is forecast to be a slump in interim results when it reports on Friday.

WPP makes hostile bid for TNS as GfK rallies rival private equity cash offer

The battle for TNS is hotting up: WPP has made a hostile £1.1bn bid for the company; the plans for a TNS-GfK merger have been pulled; and GfK is trying to put together private equity funding for an all-cash offer instead.

Jeremy Warner's Outlook: TNS: Sir Martin is still falling short

Taylor Nelson Sofres, the market research group, is right to reject Sir Martin Sorrell's latest takeover approach, despite the fact that in these markets, the mooted 260p a share might seem worth having. It's a big premium to where the shares were before the takeover spat began and to where they are likely to fall back to if Sir Martin decides to throw in the towel. Even capitalising the promised synergies, the board's preferred merger with GfK of Germany is in the short term unlikely to deliver as much value. So why do I say stick with TNS?

WPP's third bid for TNS is rejected

The tussle between WPP and TNS over the market research company's future took another twist yesterday with TNS's swift rejection of the advertising giant's third takeover proposal.

Winston Fletcher: Hard sell, soft options

Does this 'inside story' of advertising from one of its gurus wash whiter? Stephen Bayley hears the pitch

Jermey Warner's Outlook: Sorrell faces up to Taylor Nelson merger

Know your rival is the best defence in any takeover battle. Donald Brydon, the veteran City fund manager who chairs the market research company Taylor Nelson Sofres, will know the characteristics of Sir Martin Sorrell, chief executive of WPP, only too well.

Jeremy Warner's Outlook: Is Britain heading for a hard landing?

Is the British economy about to fall off a cliff? That's not the story told by the latest GDP figures, which show that, though activity is definitely slowing, the economy was still a robust 2.5 per cent bigger in the first quarter than a year earlier.

Arts and Entertainment
The Doctor and Clara have their first real heart to heart since he regenerated in 'Deep Breath'
TV
News
people
Life and Style
Apple showed no sign of losing its talent for product launches with the new, slightly larger iPhone 6 making headlines
techSecurity breaches and overhyped start-ups dominated a year in which very little changed (save the size of your phone)
News
The official police photograph of Dustin Diamond taken after he was arrested in Wisconsin
peopleDownfall of the TV star charged with bar stabbing
News
Young Winstone: His ‘tough-guy’ image is a misconception
people
Sport
Ashley Barnes of Burnley scores their second goal
footballMan City vs Burnley match report
Arts and Entertainment
Man of action: Christian Bale stars in Exodus: Gods and Kings
film
Arts and Entertainment
Peter Mayhew as Chewbacca alongside Harrison Ford's Han Solo in 'Star Wars'
film
Arts and Entertainment
Tracy Emin's 1998 piece 'My Bed' on display at Christie's
artOne expert claims she did not
News
Ernesto Che Guevara and Fidel Castro, right, met at Havana Golf Club in 1962 to mock the game
newsFidel Castro ridiculed the game – but now investment in leisure resort projects is welcome
Career Services

Day In a Page

Independent Travel
Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
A timely reminder of the bloody anniversary we all forgot

A timely reminder of the bloody anniversary we all forgot

Who remembers that this week we enter the 150th anniversary year of the end of the American Civil War, asks Robert Fisk
Downfall of Dustin 'Screech' Diamond, the 'Saved By The Bell' star charged with bar stabbing

Scarred by the bell

The downfall of the TV star charged with bar stabbing
Why 2014 was a year of technological let-downs

Why 2014 was a year of technological let-downs

Security breaches and overhyped start-ups dominated a year in which very little changed (save the size of your phone)
Cuba's golf revolution: But will the revolutionary nation take 'bourgeois' game to its heart?

Will revolutionary Cuba take 'bourgeois' golf to its heart?

Fidel Castro ridiculed the game – but now investment in leisure resort projects is welcome
The Locked Room Mysteries: As a new collection of the genre’s best is published, its editor Otto Penzler explains the rules of engagement

The Locked Room Mysteries

As a new collection of the genre’s best is published, its editor explains the rules of engagement
Amy Adams on playing painter Margaret Keane in Tim Burton's Big Eyes

How I made myself Keane

Amy Adams hadn’t wanted to take the role of artist Margaret Keane, because she’d had enough of playing victims. But then she had a daughter, and saw the painter in a new light
Ed Richards: Parting view of Ofcom chief. . . we hate jokes on the disabled

Parting view of Ofcom chief... we hate jokes on the disabled

Bad language once got TV viewers irate, inciting calls to broadcasting switchboards. But now there is a worse offender, says retiring head of the media watchdog, Ed Richards
A look back at fashion in 2014: Wear in review

Wear in review

A look back at fashion in 2014
War with Isis: The West needs more than a White Knight

The West needs more than a White Knight

Despite billions spent on weapons, the US has not been able to counter Isis's gruesome tactics, says Patrick Cockburn
Return to Helmand: Private Davey Graham recalls the day he was shot by the Taliban

'The day I was shot by the Taliban'

Private Davey Graham was shot five times during an ambush in 2007 - it was the first, controversial photograph to show the dangers our soldiers faced in Helmand province
Revealed: the best and worst airlines for delays

Revealed: the best and worst airlines for delays

Many flyers are failing to claim compensation to which they are entitled, a new survey has found
The stories that defined 2014: From the Scottish independence referendum to the Ice Bucket Challenge, our writers voice their opinions

The stories that defined 2014

From the Scottish independence referendum to the Ice Bucket Challenge, our writers voice their opinions
Stoke-on-Trent becomes first British city to be classified as 'disaster resilient' by the United Nations

Disaster looming? Now you know where to head...

Which British city has become the first to be awarded special 'resilience' status by the UN?
Finally, a diet that works: Californian pastor's wildly popular Daniel Plan has seen his congregation greatly reduced

Finally, a diet that works

Californian pastor's wildly popular Daniel Plan has seen his congregation greatly reduced
Say it with... lyrics: The power of song was never greater, according to our internet searches

Say it with... lyrics

The power of song was never greater, according to our internet searches