WPP slashes jobs as revenue continues to fall Media Embattled advertiser WPP slashed jobs in the first half of the year as its revenue continued to fall. The London-listed media group cut another 1,267 employees in the first half, around 1.3 per cent of its total staffing. Across the 12 months to June, WPP has now slashed its total workforce by 6.4 per cent [...]
Daniel Hulme: I asked Elon Musk on a yacht to help me solve AI consciousness Opinion Daniel Hulme is a global AI expert. He tells us about studying AI on a two-person course 27 years ago, and meeting Elon Musk on a yacht.
WPP Media CEO: Creative industries should bet big on London, the city of brilliant lunatics Opinion London has been named the best city in the world for culture - it should be creative industries' first choice, writes WPP Media's Kate Rowlinson.
Martin Sorrell calls WPP ‘catatonic’ as Goldman slaps sell rating on its own client June 4, 2026 Sir Martin Sorrell spent 33 years turning WPP from a small Kent-based wire and plastics manufacturer into the world’s largest ad company. He left in 2018 following a dispute over personal conduct that he has consistently denied, and has been a vocal critic of his successors ever since. “I think they are further gone than [...]
S4 Capital cuts jobs as Sorrell predicts ‘fewer people’ in advertising June 4, 2026 S4 Capital has cut a further 150 jobs this year, amid warnings from Sir Martin Sorrell that AI will leave the advertising industry employing “fewer people” in the years ahead. The London-listed marketing group said its workforce has fallen to around 6,200, down from roughly 7,000 a year ago, as clients continue to rein in [...]
WPP sales down again despite uptick in new business April 28, 2026 WPP saw its revenue fall by more than six per cent in the first three months of 2026, piling pressure on the advertising giant’s turnaround plan just two months after it was unveiled. The FTSE 250 holding group saw its sales fall by 6.6 per cent to £3bn in the first quarter, while revenue less [...]
FTSE 100 Live: Stocks dip as oil edges higher; BP posts profit boom April 28, 2026 Good morning and welcome back to the Morning Wire liveblog. Oil returned to a three-week high comfortably over the $105 mark on Monday and those gains look set to continue today. Brent crude – the international benchmark for oil prices – edged over $110 on Tuesday morning as it once again appeared peace talks in [...]
Back of the Netflix: Sports content is fuelling wave of ad-funded streaming April 4, 2026 Owning live rights is no longer the only way for streaming platforms like Netflix to capture sports audiences, writes Chris Keenan. Could there be a way to engage sports audiences without the billions spent on traditional broadcast rights? It’s this thinking that appears to be shaping Netflix’s latest moves. Over the past year, the streaming [...]
WPP shares plunge after turnaround plan targets £500m of savings February 26, 2026 WPP has promised to make £500m of cost savings by the end of 2028 as part of a root-and-branch turnaround plan after suffering a halving of profit. The FTSE 250 firm’s new boss Cindy Rose told reporters she had already “identified multiple initiatives” to deliver on its ambitious savings commitment to help turn around a [...]
FTSE 100 Live: WPP sinks; LSEG, Rolls-Royce bumper buybacks February 26, 2026 Good morning and welcome back to the Morning Wire liveblog. After a few days of tariff-induced risk aversion, the FTSE 100 was back on blistering form on Wednesday, finishing the day’s trading session with a new record. London’s blue-chip index soared over one per cent to seal yet another record close at 10,806.41p. This was [...]