Daily Mail & General Trust has warned that its full year results will suffer from falling ad revenue at its national and regional newspapers. The news comes despite a 2% rise in underlying revenue for the 11 months to the end of August.
VisitLondon chief executive James Bidwell is leaving the tourism body after three years, putting a question mark over the future of the organisation. His departure comes after Bidwell axed London Unlimited in July – the body responsible for building London as a global brand.
Energywatch has called on regulators to protect consumer interests over fears that EDF’s planned takeover of nuclear power company British Energy will reduce competition. The warning comes after French utility giant EDF announced it had secured a £12.bn bid to take over the power plant. Centrica, British Gas’ parent company, is also in talks to […]
Lloyds TSBs emergency takeover of Halifax Bank of Scotland last week dramatically transforms the landscape of UK financial services marketing.
The opportunity to launch a new national brand is not one that comes around often, particularly in the radio market. With just three national commercial stations, the rebrand of Virgin Radio as Absolute Radio is a rare prospect for any marketer. Chris Lawson (pictured), the brand director at Absolute, is facing just that opportunity and […]
For most of us, the past few weeks have been the most turbulent environment of our careers. While the news stories have highlighted how the financial crises at Lehman Brothers or HBOS are changing the world of financial services forever, the marketing stories have equally highlighted how reputation management is changing the world of brands […]
Lloyds TSB is expected to extend its sponsorship of the London 2012 Olympic Games to HBOS brands Halifax and Bank of Scotland once the “superbank’s” merger is complete. A source close to Lloyds TSB Group says it will look at how to extend the sponsorship across HBOS, first through initiatives such as staff and internal […]
Online ad spend is expected to experience a downturn this year as a result of weakening economic conditions. According to a new PricewaterhouseCoopers report total UK online ad spend growth will slow by 18% to 20% in 2008. The On media: Online Advertising Through a Downturn – Weathering the Storm report published today (September 24) […]
Retail sales have seen a slight improvement this month, compared to August. But the outlook for October remains bleak, according to the Confederation of British Industry (CBI). While sales have continued to slump in September, it has gained ground compared to the falls experienced in August. A balance of -27% was a better result than […]
Motorola is to increase its focus on the female market with the launch of a handset aimed at women. The Moto Jewel will be Motorola’s biggest launch since the Razr. The handset is a flip-top phone in the shape of a jewel, and it will be backed with a major ad campaign. The phone launches […]
The Association of Train Operating Companies (ATOC) is thought to have appointed WCRS to its £10m advertising business to encourage off-peak travel in London and the South-east. The Engine Group-owned agency won the account following a final pitch against RKCR/Y&R. Ogilvy Advertising is understood to have been knocked out. The pitch was overseen by The […]
Yahoo! has re-entered into discussions with AOL and its US owner Time Warner about a possible merger between the two companies. The development follows Microsoft’s failed attempt to acquire Yahoo! earlier this year. Talks were held between Yahoo! and AOL late last year but had since broken down. Yahoo!’s new board has now agreed to […]