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.

The Investment column: Sorrell works miracles at WPP

Martin Sorrell may have created WPP's problems but you can't deny he has done an impressive job digging the advertising and PR group back out of its self-inflicted hole. Pre-tax profits for 1996 were pounds 153.3m compared with under pounds 8m in 1992. Operating profits have grown over that period from 5.9 per cent to 10.8 per cent. Net debt has fallen by two- thirds from pounds 437m to pounds 145m and could be wiped out completely within two years.

Sorrell comes closer to scooping pounds 30m pay bonanza

Martin Sorrell looks increasingly likely to scoop a maximum payout of more than pounds 30m from a controversial remuneration package that was sold to shareholders as almost impossible to achieve 18 months ago.

Sorrell weeks from pounds 3.6m share bonanza

Martin Sorrell, the chief executive of advertising giant WPP, is just weeks away from a multi-million pound payout under the controversial incentive scheme established earlier this year. If the WPP share price remains above 230p until March, Mr Sorrell will be awarded shares worth at least pounds 3.6m.

A career built on chutzpah and charm

BOOK REVIEW; Greenfinger: The Rise of Michael Green and Carlton Communications by Raymond Snoddy, Faber & Faber, pounds 17.50

American upheavals tarnish S&N

The Investment Column

pounds 25m Sorrell share option jackpot within reach at WPP

Martin Sorrell, head of WPP and potentially the highest paid advertising executive in Britain, last night stood on the verge of triggering the second tranche of a controversial share incentive scheme worth up to pounds 25m.

Fourth year of growth for WPP

Buoyed by the fourth straight year of improving profits, shares in the advertising giant WPP climbed within 50p of activating a controversial performance bonus for its chief executive, Martin Sorrell, writes Mathew Horsman.

Sorrell proves his worth

INVESTMENT COLUMN

Smiths remains pick of the bunch

Investment Column

Abbott Mead untarnished

THE INVESTMENT COLUMN

Profits climb at WPP

WPP, the advertising and marketing services company, pleased the market with interim figures at the top end of analysts' estimates, sending shares up 3.5p to 143.5p yesterday.

Shareholders approve Sorrell package

Shareholders of WPP, the advertising company, yesterday approved what may be the richest remuneration package of any UK publicly-quoted company, voting in favour by a margin of three to one.

WPP confident of backing for Sorrell package

WPP, the advertising company, is "very confident" it has secured a significant majority of votes in favour of its revised remuneration package for Martin Sorrell, its chief executive.

WPP reaches Sorrell deal

WPP, the advertising company, last night reached a compromise deal with dissenting shareholders over a controversial package for its chief executive, Martin Sorrell.

WPP scrambles to adjust Sorrell's pay plan

WPP, the advertising company, was last night scrambling to adjust the controversial pounds 30m pay scheme for its chief executive, Martin Sorrell, in a bid to win broad support from increasingly hostile institutions.
Arts and Entertainment
Gregg Wallace in Summer's Supermarket Secrets
tv All of this year's 15 contestants have now been named
Arts and Entertainment
Inside the gallery at Frederick Bremer School in Walthamstow
tvSimon Usborne goes behind-the-scenes to watch the latest series
Life and Style
A picture taken on January 12, 2011 shows sex shops at the Paris district of Pigalle.
newsThe industry's trade body issued the moratorium on Friday
News
Winchester College Football (universally known as Winkies) is designed to make athletic skill all but irrelevant
Life...arcane public school games explained
Arts and Entertainment
Could we see Iain back in the Bake Off tent next week?
tv Contestant teased Newsnight viewers on potential reappearance
Life and Style
Silvia says of her famous creation: 'I never stopped wearing it. Because I like to wear things when they are off the radar'
fashionThe fashion house celebrated fifteen years of the punchy pouch with a weighty tome
News
i100(and it's got nothing to do with the Great British Bake Off)
News
Angelina Jolie with her father Jon Voight
peopleAsked whether he was upset not to be invited, he responded by saying he was busy with the Emmy Awards
News
Bill Kerr has died aged 92
peopleBill Kerr appeared in Hancock’s Half Hour and later worked alongside Spike Milligan and Peter Sellers
News
news It's not just the world that's a mess at the moment...
Career Services

Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Ukraine crisis: The phoney war is over as Russian troops and armour pour across the border

The phoney war is over

Russian troops and armour pour into Ukraine
Potatoes could be off the menu as crop pests threaten UK

Potatoes could be off the menu as crop pests threaten UK

The world’s entire food system is under attack - and Britain is most at risk, according to a new study
Gangnam smile: why the Chinese are flocking to South Korea to buy a new face

Gangnam smile: why the Chinese are flocking to South Korea to buy a new face

Seoul's plastic surgery industry is booming thanks to the popularity of the K-Pop look
From Mozart to Orson Welles: Creative geniuses who peaked too soon

Creative geniuses who peaked too soon

After the death of Sandy Wilson, 90, who wrote his only hit musical in his twenties, John Walsh wonders what it's like to peak too soon and go on to live a life more ordinary
Caught in the crossfire of a cyber Cold War

Caught in the crossfire of a cyber Cold War

Fears are mounting that Vladimir Putin has instructed hackers to target banks like JP Morgan
Salomé's feminine wiles have inspired writers, painters and musicians for 2,000 years

Salomé: A head for seduction

Salomé's feminine wiles have inspired writers, painters and musicians for 2,000 years. Now audiences can meet the Biblical femme fatale in two new stage and screen projects
From Bram Stoker to Stanley Kubrick, the British Library's latest exhibition celebrates all things Gothic

British Library celebrates all things Gothic

Forthcoming exhibition Terror and Wonder: The Gothic Imagination will be the UK's largest ever celebration of Gothic literature
The Hard Rock Café's owners are embroiled in a bitter legal dispute - but is the restaurant chain worth fighting for?

Is the Hard Rock Café worth fighting for?

The restaurant chain's owners are currently embroiled in a bitter legal dispute
Caribbean cuisine is becoming increasingly popular in the UK ... and there's more to it than jerk chicken at carnival

In search of Caribbean soul food

Caribbean cuisine is becoming increasingly popular in the UK ... and there's more to it than jerk chicken at carnival
11 best face powders

11 best face powders

Sweep away shiny skin with our pick of the best pressed and loose powder bases
England vs Norway: Roy Hodgson's hands tied by exploding top flight

Roy Hodgson's hands tied by exploding top flight

Lack of Englishmen at leading Premier League clubs leaves manager hamstrung
Angel Di Maria and Cristiano Ronaldo: A tale of two Manchester United No 7s

Di Maria and Ronaldo: A tale of two Manchester United No 7s

They both inherited the iconic shirt at Old Trafford, but the £59.7m new boy is joining a club in a very different state
Israel-Gaza conflict: No victory for Israel despite weeks of death and devastation

Robert Fisk: No victory for Israel despite weeks of devastation

Palestinians have won: they are still in Gaza, and Hamas is still there
Mary Beard writes character reference for Twitter troll who called her a 'slut'

Unlikely friends: Mary Beard and the troll who called her a ‘filthy old slut’

The Cambridge University classicist even wrote the student a character reference
America’s new apartheid: Prosperous white districts are choosing to break away from black cities and go it alone

America’s new apartheid

Prosperous white districts are choosing to break away from black cities and go it alone