19 h. ago What’s gone wrong at WPP? The crown slips at the world’s biggest advertising group

Exodus of big clients, falling profits and dire forecasts raise prospect of a once ‘unthinkable’ breakupA dark joke is doing the rounds in adland that Wire and Plastic Products, the Kent-based basketmaker that Martin Sorrell bought 40 years ago as a vehicle to build a global advertising giant, might outlast WPP.For decades the financial success and dominance of WPP – its 100,000 employees service global clients from Ford to Coca-Cola – has been the corporate manifestation of Britain’s shining reputation for creative advertising. Continue reading...

Politics

54 h. ago Brexit impact on UK economy will be negative for foreseeable future, Bailey warns

The Bank of England governor, speaking at the G30 International Banking Seminar, highlighted a decline in the UK’s potential growth rate.

Events

7 d. ago Global financial system susceptible to shocks, Bailey warns G20

Andrew Bailey, chairman of the Financial Stability Board, the fiscal risk watchdog for the G20, urged greater multilateral co-operation.

Events

8 d. ago Bank deregulation set to unlock $2.6tn of Wall Street lending capacity

US lenders expected to cement global dominance by a significant easing of post-financial crisis rules

Economics

1 week ago ALEX BRUMMER: The signs of a global financial crash are everywhere. Gold's hit record prices... we'd be wise to prepare for catastrophe

About a quarter of a century ago, when I was researching a profile of the Bank of England, I was invited to tour its vast vaults.

Events

1 week ago Gold prices hit new high at $4,000 as investors turn to ‘safe haven’ amid fears of Trump policies and global conflicts

Gold has long been viewed as a stable investment in times of global and financial turmoil

Economics

2 w. ago Australian film producers and experts call Trump tariff proposal ‘bizarre’ and impossible to enforce

US president threatens levy on all foreign-made films, but experts point out that the industry is global and Australia is intertwined with HollywoodFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe federal government has vowed to fight a proposed 100% tariff on Australian-made films after the US president, Donald Trump, posted on his social media platform that he planned to go ahead with the huge levy “on any and all movies made outside the United States”.Industry experts have described the proposal as bizarre and virtually impossible to enforce, given the global nature of film, with production, financing and post-production often spread across several countries. Continue reading...

Politics

3 w. ago London edges closer to top spot in global financial centre rankings

London edges closer to top spot in global financial centre rankings  Yahoo

Politics

3 w. ago London edges closer to top of global financial centre rankings

London edges closer to top of global financial centre rankings  Yahoo

Politics