Interpublic, Sir Frank Lowe close to a deal over £50m Tesco work

Interpublic Group and Sir Frank Lowe’s new start-up Red Brick Road are thought to be close to a resolution to the fierce tussle over the &£50m Tesco advertising business.

Industry insiders say the lawsuits against Sir Frank and Paul Weinberger are likely to dropped, with all the parties drawing a line under the issue.

IPG has warned Weinberger, the former Lowe London chairman that he would be held to his full notice period, restricting him from running the creative team at the new start-up, Red Brick Road. IPG has threatened to file charges against Sir Frank with the American Arbitration Association in New York to stop what it claims is his use of confidential information gained while at Lowe Worldwide.

One observer says: “IPG seems to insist that Sir Frank had a ‘duty of care’ towards his former employer, and is therefore quite upset that he is trying to decimate the company.”

But both IPG and Red Brick Road are understood to be ironing out their differences in the US this week.

Sources close to the dispute say the disagreement comes down to a sum of money that Tesco promised to pay Lowe London. The original deal is thought to have fallen through, after both IPG and Tesco failed to reach agreement over the exact amount.

Tesco was unavailable for comment as Marketing Week went to press.

Latest from Marketing Week


Access Marketing Week’s wealth of insight, analysis and opinion that will help you do your job better.

Register and receive the best content from the only UK title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work. The more we know about our visitors, the better and more relevant content we can provide for them. And, yes, knowing our audience better helps us find commercial partners too. Don't worry, we won't share your information with other parties, unless you give us permission to do so.

Register now


Our award winning editorial team (PPA Digital Brand of the Year) ask the big questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.


From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we are your guide.


Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Having problems?

Contact us on +44 (0)20 7292 3703 or email

If you are looking for our Jobs site, please click here