Martin Giles has been appointed publisher and editorial director for CFO Europe, a new monthly magazine published by The Economist Group and due for launch on April 24.

Grner & Jahr, the publishing group, has promoted Jessica Burley, group ad director, to the newly created position of publishing director for Prima.

United News & Media has announced that David Arculus has left the board. Arculus becomes chairman of the IPC group in October and chairman of Severn Trent from July.

The Guardian will again be a major sponsor of the Glastonbury festival which takes place on June 26.

Reuters has launched an eight-screen news and information service at Bank underground station for passengers on the Waterloo & City line.

Mills & Allen is unveiling a lamp-post mounted ad site (right) called RoadShow. The sites, 80cms by 120cms, will be ‘let’ by local authorities, which will also be able to use them to advertise.

Blockbuster Video is to sponsor Rapture TV’s Top Ten Video Chart. The deal includes on-screen branding, competitions and giveaways.

Datamonitor predicts that advertising revenue from the Internet in Europe will reach 289m by the year 2002. In 1997 it reached 6m.

AOL Bertelsmann Online, the world’s biggest internet online service provider, has appointed Wyvern Direct Response to market its UK customer database.

Post Office Counters is to launch a new monthly business- to-business magazine on April 9 for its 16,500 UK sub-postmasters called Your Business. The title, published in conjunction with Killen International Ltd., will cover retail business ideas, fmcg products and market trends.

The Radio Authority is offering a new eight-year regional FM Independent Local Radio licence for Glasgow, Edinburgh and surrounding areas. The closing date for applications is July 28.

Forecourt Television has appointed former BSkyB group sales and marketing director Tony Vickers as non-executive chairman and former NBC Europe sales director Alan Bryson as sales and marketing manager.

RAC has drawn up a shortlist of five for its 4m media account: BBJ Media Services, BMP Optimum, MGM, Walker Media and Western Media. It wants to appoint an agency before the end of April. Its creative account moved to M&C Saatchi last month (MW March 12).

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