Month: December 2008

Standard Life axes 10% of marketing team

Marketing Week

Standard Life is axing almost 10% of its 400-strong global marketing team as part of a “radical” restructure of the asset management company’s marketing division. It is looking externally to fill one of three new marketing head roles, which will be given profit and loss (P&L) responsibilities. The move comes as part of plans to […]

Vodafone drops cricket sponsorship after 12 years

Marketing Week

Vodafone is dropping its sponsorship of the England and Wales Cricket Board after 12 years. The current deal expires in January 2010 and will not be renewed. The mobile phone operator says the move is part of an ongoing review of its sponsorship portfolio, which has also seen the company scrap a long-term deal with […]

Royal Mail to lose 50,000 staff

Marketing Week

The Royal Mail could see the loss of up to 50,000 jobs if ministers back recommendations calling for the partial privatisation of the state-owned organisation. Former deputy chairman of Ofcom, Richard Hooper, presented his recommendations in a report to ministers last week and it is being discussed by the Cabinet this morning (December 16). While […]

IPC names new chief executive

Marketing Week

IPC Media, publisher of Nuts, Marie Claire and Now!, has appointed Evelyn Webster as chief executive to replace Sylvia Auton, who will remain as chairman. Webster is currently managing director of IPC Connect, IPC’s women’s weekly magazine division. She joined IPC in 1992 and became a publisher with the then IPC Specialist group. She has […]

Suso Drinks plans overseas expansion

Marketing Week

Suso Drinks is planning to expand its brand overseas next year. It is understood to be in discussions with distributors in three countries. Its is not known at this stage which countries it is considering, but an industry insider says the company has already been approached by three interested parties to launch the carbonated fruit […]

GM and Chrysler may get new bailout deal

Marketing Week

The US government is understood to be finalising a bailout deal for General Motors and Chrysler using money set aside to help ailing banks. An announcement could be made as early as tomorrow (December 17). The new deal comes after the original $14bn (£9.4bn) bailout of the US car industry failed to get enough support […]

Comet-owner reports 71% crash in profits

Marketing Week

Kesa, the electrical retailer group that owns Comet, has reported a 71% crash in profits for the six months to October 31. The news saw its shares plummet by 10%. The results, released today (December 16) show that Comet made a pre-tax loss of profit £8.6m compared to £10.6m for the same period last year. […]

BMB looks for stake in British Comedy Awards

Marketing Week

Beattie McGuinness Bungay is in talks with of the British Comedy Awards about “improving its image” and driving international expansion. It is also reported that founder Trevor Beattie is in talks with producer Unique Communications Group about taking a stake in the awards. Unique is understood to be keen to exploit the international popularity of […]

Ofgem announces crackdown on unfair pricing

Marketing Week

Ofgem is threatening to refer energy companies to the Competition Commission over unfair pricing. The move comes as the energy regulator accuses suppliers of dragging their feet over price cuts. Ofgem says it will launch a six-week consultation in January on possible changes to the licences of the UK’s six main energy suppliers. The move […]

BBC offers refund for Strictly Come Dancing voters

Marketing Week

The BBC has caved in to demands to refund viewers who voted in last weekend’s Strictly Come Dancing show after a flawed scoring model meant all three contestants went through to next Saturday’s final. The u-turn comes after the broadcaster received thousands of complaints. The issue arose when two of the celebrities, singer Rachel Stevens […]

Report reveals misleading health claims in food ads

Marketing Week

Food adverts aimed at parents make misleading claims about health benefits of food high in fat, sugar and salt, a report researched by the Food Commission claims. The report has been published by the British Heart Foundation, which claims to be the first to look at how parents are targeted. The report claims campaigns use […]