how that affect wpp? particularly as facebook is trying to attack this issue of fake news.to give us some perspective, our immediate look is about 75 billion buildings of which 50 billion is our medium. if you look at that, in 2017 and even 2018, google and facebook will be extremely prominent, there will be number one or even one and two. if disney and fox go through, they will be a strong number two whereas last year, facebook and fox were pretty much the same. so what has happened with the , what you see in the duopoly is the growth of a partnership with the agencies, ourselves included which has friend and 8 -- france had become much more possible in their approach, i think the biggest thing in 2018 will be what happened with google amazon threatens on search and threatens google on their advertising, it is very small probably around 2 billion, to onelion but close hundred billion in advertising and google and 40 billion on facebook so in its infancy in the foothills and a pen on the health is backside but haven't said that, amazon is coming fast and coming quickly, in

there were tables hosted by wpp, property company frogmore.ttending were british business figures like peterjones and tim steiner. it's not clear if all the men listed attended on the night. also the newly appointed education minister. the founder of artistic events said this is a really important charity fundraising event. the newly appointed education minister said he did not stay long enough to comment on the occasion. 0thers declined did not respond to request for comment. this is an outdated event which raises money for good causes for that many of the men may not have been aware of the particular characteristics. some expressed dismay. still, a secretive men—only event feels unusual in today's modern environment. throw in the hostesses who reportedly had to sign nondisclosure agreements and allegations of lewd behaviour and it feels very odd indeed. big names and big money gives the presidents club mask of responsibility. but that may have masked unstatesmen—like behaviour helen thomas there. we should say that there's no suggestion any

apart from two children's hospitals which are sending back the donations, wpp, a huge global advertisingit will no longer support this dinner. richard, thank you very much. there's been a significant rise in the number of prosecutions collapsing in england and wales, because of a failure by police or prosecutors to disclose evidence. figures obtained by bbc news show that more than 900 people were formally cleared, or had cases against them dropped, in the year to last april, because of problems with disclosure. 588,000 cases were prosecuted. here's our home affairs correspondent, danny shaw. i was relieved, notjust for myself, for everyone that's been with it every step of the way. under investigation for rape for two years, liam allen's life was on hold. then, three days into his trial, his legal team received crucial information and the prosecution was halted. the case highlighted problems with disclosure, the duty on police and prosecutors to pass on material which might assist the defence case or undermine the prosecution's. finally, liam allen achieved the justice that should have

running the world largest advertise company wpp. welcome sir martin sorrell the ceo of wpp so dan glazer has been coming for nine years you have him beat. for 30 years. >> since the late '80s i think it was. >> you say the mood this year is the best he's seen it ever because we're to longer talking about crisis, or not talking about growth. >> some people compare the mood this year to 2006. which -- >> the last year -- >> which is over optimistic. and davos is not the great forecaster of -- didn't get leman or the sub crisis right. that may be a dangerous assumption we'll see. >> but do you agree the mood here is -- >> the growth and goldilocks, not too hot or cold. i think the biggest issue is whether the growth in the u.s. economy is strong. and we're 3% to 4% worldwide and whether it triggers inflation and then banks will move interest rates up faster than people are anticipating and that is the risk whether it happens in 2018 or 2019, whenever, clearly the trump tax plan now being implemented was more than the markets expected e

martin sorrell of wpp giving us his outlook. >> the first time we have seen for a number of years the. you look at all the events that will take place this year, in korea with the winter olympics, russia with the world cup, and the midterm congressionals, a mini-quadrennial as opposed to the maxi in 2020. having said that, there is scope for caution. there is pressure from activists , from zero-based budget are's. people are -- budgeters. inflation finding low, therefore pricing is difficult to establish and there are pressures on costs. overall, i would say the one,onment is a positive and possibly 2018 will be better than 2017. >> what do you think will be the biggest risks to that global growth? >> when one looks at it, the big drivers of the world, the g2, the u.s. and china, the outlook is positive. president trump is certainly driving his agenda around tax andinfrastructure spending, last but not least, reducing regulation. theof that loads well for u.s. economy in the short to medium term. president xi is taking a long-term stroke growth-oriented approach. , ifou see here at th

he runs a modest ad agency called wpp.the digital age, but he has artantly, global perspective about these events. you said one thing that was important -- you called it trump's davos. he controlled the news flows. it is brilliant stuff. tom: if you are advising the president, how should he approach this? should he lengthen it or really short and sweet, the martin sorrell way? martin: if you are asking me, short and sweet. which i think he will do, i -- i would like for him to focus on investment in the united states. on trade, he already signaled to competitors that he would look at bp again. maybe, we will see a little bit more in terms of trade. saying as long as america is not disadvantaged. and i think you will emphasize the benefits that will happen from the tax reform see that through. tom: this is really important in terms of there is always an under story here. sir martin nails that. the resurrection of tpp is under story of this davos. in an interview with cnbc, i contrast ofk multilateral to bilateral. laterale

we had the bowls of wpp one of the biggest appetizers in the worlds saying it was such a good speech, we in europe and across much of the west, are obsessed with the regulation upon regulation and the idea that all countries should have the same rules and what trump talked about was competition giving people incentive and bringing jobs. griff: nigel, he also talked about free nations. his message was free nations on common goals. that's why you saw european crempleeuropeceos comingout ands done here bringing it there as a common goal. you saw european leerpd after european leader criticizing and heaping further skepticism and reminds us of what democrats are doing back home. >> well, of course, because the leaders of the european countries are trying to build a new state called europe based in brussels, run by bureaucrats and trump pretty openly attacked bureaucrats. attacked people who make laws who aren't directly accountable and we will find out more on, this because he did an interview with piers morgan which will play on u.k. television tomorrow night. my guest peers would have a

wpp boss sir martin sorrell told the bbc his guests did not see such behaviour.p signed into law just before christmas. the company also says its launching a $50 million education fund for staff on hourly conditions to help them earn degrees and other qualifications. presumably, to live happily ever after... ! here's how the european markets look. like frankfurt and paris, the ftse 100 in london is lower. partly that's due to the strengthening pound against the weakening dollar. sterling is above above $1.41, rising further after those positive unemployment figures. that's its highest level since it tumbled after the brexit vote. that is of course good news if you're buying dollars for a trip to the us. less good for exporters and international firms on the ftse100 whose prices become more expensive to foreign buyers. generally, tech stocks are providing a downward pull today, while precious metal mining companies are leading the risers. and we see a rise in the price of gold. presenters ant and dec were the biggest winners at this year's national television awar

wpp is a g3 world with india included. for business leaders, this was a good message.my will be strong this year. he was talking that 3%, 4% and may be more extravaga ntly, that 3%, 4% and may be more extravagantly, even more. what he did not touch on was in brent leave spending. he talked about knocking out 22 regulations for everyone they put in —— he did not talk about infrastructure spending. we heard other people talking about infrastructure. it will be interesting to see what happens. we have had tax now, we have had regulation. the big question, and you have the global outlook on air at the moment, is when does the roundabout or the swing stop ayes what would cause it to stop? inflation. that would have an impact on stock market by durations. we are getting into a electoral territory beyond 2018. the assumption that the democrats will take the house i think is in some jeopardy. democrats will take the house i think is in somejeopardy. firstly you have had the tax plan. secondly there has been the government stop. it has been tapped to schumer and not to trump. i