Lloyds TSB is in advanced merger talks with beleaguered rival HBOS to create a UK retail banking giant worth £30bn, according to sources. HSBC has also shown interest in a potential takeover but is unwilling to pay for HBOS shares. A deal would end uncertainty about the strength of the group, which includes the UK’s […]
The COI is reviewing and restructuring its market research roster of agencies following the passing of a European Union directive. Changes to the existing framework will see the creation of sub-groups within the wider agency roster. The current framework, worth over £22m per annum, was established in 2005 and has an expiration date of a […]
Inbev’s Beck’s beer brand is pitching its below-the-line account as part of its push to target the take-home market. It is understood that a number of undisclosed agencies have already started pitching for the business. Marketing activity is expected to focus on sales promotions. It is not believed there is an incumbent on the account, […]
Ofcom will today warn that Channel 4 faces a 100m-a-year funding gap by 2012 and raise the idea of diverting licence fee funds from the BBC to the channel. Ed Richards, the media regulator’s chief executive will make the comments in a speech at the Royal Television Society tonight (September 17).
Air France UK and Ireland has appointed integrated agency BEC London to handle the direct and digital marketing of its frequent flyer programme, Flying Blue. BEC won the business without a pitch. The frequent flyer programme was previously managed by Rapp, which has been renamed WWAV Rapp Collins (MW September 18), but the agency continues […]
Marketers are being warned to be vigilant as consumers may increasingly flout sales promotions rules in a bid to cope with tightening fin-ances, according to industry experts. It is expected that fraudulent behaviour among consumers, such as entering competitions several times, will rise as pressure on spending increases further. Neil Barnes, managing director at Enable, […]
The Labour Governments love affair with marketing and advertising over the past decade has lured many a marketer through the doors of Whitehall departments. Some forge new careers while others use a spell at a ministry as a stop-off between corporate marketing jobs. Then there are those who fail to adapt to the exigencies of the state sector and are quickly propelled towards the exit.
What a difference a summer makes. In May, tour operators were arguing that their industry was “recession proof”, with consumers unwilling to cut back on their weeks in the sun, even if it made for belt-tightening elsewhere. Now, with up to 80,000 XL Group and K&S Holiday customers stranded in destinations across the globe, the […]
After World War II, in ten short years ad agencies swung rapidly from great hardship and limited scope in the Fifties, with strict newspaper rationing and no commercial TV or radio, to their full pomp and power in the Sixties, when they often dictated marketing strategy to clients. Rules evolved then that are largely still […]
Publicis Groupe is moving its estimated 100m Cadbury business out of Publicis advertising network into the year-old Saatchi & Saatchi Fallon (SSF) group. The win will be a first for the group, which has so far failed to win any group business.
The alcohol and retail industry is braced for a Government clampdown that is expected to end “happy hours” and severely restrict sales promotions. Government proposals on the sale of alcohol are due to be published in the next few weeks following this summer’s consultation on the nation’s drinking habits. The Department of Health’s “Safe, Sensible, […]
The Department for Environment, Food and Rural Affairs, (DEFRA) has drafted in British filmmaker Shane Meadows to create a TV campaign encouraging consumers to be more energy efficient. The move follows the unveiling last week of a £1bn Government package to help cut energy bills. The ads, airing from today (September 17), will form part […]