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sir martin sorrell has been instrumental in the success for 33 years.nteresting there is no non—compete clause in his contract. he really has been pushed out. wpp, an enormous company with lots of separate structures, quite likely to be broken up. what will martin sorrell do? e is 73, but this is not a man whose innings is over. unless he doesjohn a man whose innings is over. unless he does john major and a man whose innings is over. unless he doesjohn major and pops to the lords for the afternoon. the timing of this story is notable. it dropped on saturday very late so that missed most sunday newspapers. we have it. it has been very carefully managed and there is quite a lot else going on in the world, so it really was that macro it might have made a bigger splash ordinarily. he denies any wrongdoing. the sheer scale of wpp and how it has grown under his aegis is quite remarkable. it is not aegis is quite remarkable. it is not a name that a lot of people would know, but people would note the companies underneath it. the fact that there isn't this non—c
sir martin sorrell has been instrumental in the success for 33 years.nteresting there is no non—compete clause in his contract. he really has been pushed out. wpp, an enormous company with lots of separate structures, quite likely to be broken up. what will martin sorrell do? e is 73, but this is not a man whose innings is over. unless he doesjohn a man whose innings is over. unless he does john major and a man whose innings is over. unless he doesjohn major and pops to the lords for the...
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it is called wpp, and was founded and run since 1985 by this man, sir martin sorrell. es, creating a £15 billion global giant with enormous influence. sir martin has defined british advertising for almost 30 years as a businessman. so his departure has caused an enormous shockwave through the industry. a big figure on the world business stage, his views were sought—after. .. if the eu does not give on that, then our access... ..and he was happy to oblige. after 33 years at the top, he stepped down with immediate effect, after recent accusations he may have missed used wpp funds — claims he denies. meanwhile, upstarts have changed the industry with more advertisers going direct to facebook and google rather than via wpp agencies. the company has lost a third of its value, prompting this farewell statement. his critics say he ran the company like a private fiefdom, when he actually owned less than 2%. a pay packet of £70 million in 2015 drew outrage from politicians and rebellion from shareholders. some of whom told the bbc this weekend it was time for change. for many in
it is called wpp, and was founded and run since 1985 by this man, sir martin sorrell. es, creating a £15 billion global giant with enormous influence. sir martin has defined british advertising for almost 30 years as a businessman. so his departure has caused an enormous shockwave through the industry. a big figure on the world business stage, his views were sought—after. .. if the eu does not give on that, then our access... ..and he was happy to oblige. after 33 years at the top, he...
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it is called wpp and has been run since 1985 by sir martin sorrell. the years creating a £15 billion global giant. a big figure on the world business stage... if the eu does not give on that... he was happy to give his opinion. after 33 years at the top he stepped down with immediate effect, after accusations he may have mr used the funds of wpp. he denies this claim. more advertisers are going direct to google and facebook, rather than via wpp agencies. the company has lost a third of its value, prompting this goodbye statement: his critics say he was overpaid and ran the company like his own private fiefdom, when in fact he earned less than 2%. some shareholders told the bbc it was time for a change. for many in the world of advertising sir martin sorrell was more of a money man band an ad man, treating it like a professional service rather than a creative industry. but british business has lost a true giant. simon jack, bbc news. the headlines on bbc news: the us is preparing new sanctions on russia over moscow's support of syria, following yesterd
it is called wpp and has been run since 1985 by sir martin sorrell. the years creating a £15 billion global giant. a big figure on the world business stage... if the eu does not give on that... he was happy to give his opinion. after 33 years at the top he stepped down with immediate effect, after accusations he may have mr used the funds of wpp. he denies this claim. more advertisers are going direct to google and facebook, rather than via wpp agencies. the company has lost a third of its...
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the founder and chief executive of the world's largest advertising group wpp, sir martin sorrell, hass being investigated for misconduct. he leaves wpp after 33 years in the job. sir martin denies any wrongdoing, as our business editor simonjack explains. advertisers want you to remember the products they are selling, not the name of the company that made the adverts. many of the biggest advertising agencies, and pr firms, are owned by an even bigger one. it is called wpp and has been run since 1985 by sir martin sorrell. he gobbled up dozens of businesses over the years creating a £15 billion global giant. a big figure on the world business stage his views were sought... if the eu does not give on that... he was happy to give his opinion. after 33 years at the top he stepped down with immediate effect, after accusations he may have mr used the funds of wpp. he denies this claim. more advertisers are going direct to google and facebook, rather than via wpp agencies. the company has lost a third of its value, prompting this goodbye statement: his critics say he was overpaid and ran the
the founder and chief executive of the world's largest advertising group wpp, sir martin sorrell, hass being investigated for misconduct. he leaves wpp after 33 years in the job. sir martin denies any wrongdoing, as our business editor simonjack explains. advertisers want you to remember the products they are selling, not the name of the company that made the adverts. many of the biggest advertising agencies, and pr firms, are owned by an even bigger one. it is called wpp and has been run since...
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it's called wpp and was founded and run since 1985 by this man, sir martin sorrell. founded and run sincezens of businesses creating a £15 billion global giant with enormous influence. creating a £15 billion global giant sir martin has defined british advertising for almost 30 years as a businessman. british advertising for so his departure has caused an enormous shock waves through the industry. caused an enormous a big figure on the world business stage, his views were sought—after. .. stage, his views were if the eu does not give on that then, our access... and he was happy to oblige. on that then, our access... after 33 years at the top, he stepped down with immediate effect after recent accusations he may have missed used wpp funds. accusations he may have missed used claims he denies. accusations he may have missed used meanwhile, upstarts have changed the industry with more advertisers going direct to facebook and google rather than via wpp agencies. the company has lost a third of its value, prompting this farewell statement. a third of its value, his critics say he ran the compan
it's called wpp and was founded and run since 1985 by this man, sir martin sorrell. founded and run sincezens of businesses creating a £15 billion global giant with enormous influence. creating a £15 billion global giant sir martin has defined british advertising for almost 30 years as a businessman. british advertising for so his departure has caused an enormous shock waves through the industry. caused an enormous a big figure on the world business stage, his views were sought—after. .....
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up next, matt and myself and's or martin sorrell. myself and martin sorrell.his is bloomberg. ♪ this wi-fi is fast. i know! i know! i know! i know! when did brian move back in? brian's back? he doesn't get my room. he's only going to be here for like a week. like a month, tops. oh boy. wi-fi fast enough for the whole family is simple, easy, awesome. in many cultures, young men would stay with their families until their 40's. >> good morning. it is 7:30 in the morning in berlin. the u.s. dollar losing strength against the yen. again gaining some ground. -- the yen gaining some ground. let me give you what you should be watching this week. it's a very busy one. tomorrow we will get gdp out of china. it looks like it will be stronger than the targets set by the president there. manus: yeah, 6.8% is the number in china, matt. i think the thing for xi jinping is really, he cannot afford to miss a beat in these grwoth numbers. it's whether there is an escalation or any risk. we have a number of lovely c harts, charting the cresting. i love that phrase, cresting. don
up next, matt and myself and's or martin sorrell. myself and martin sorrell.his is bloomberg. ♪ this wi-fi is fast. i know! i know! i know! i know! when did brian move back in? brian's back? he doesn't get my room. he's only going to be here for like a week. like a month, tops. oh boy. wi-fi fast enough for the whole family is simple, easy, awesome. in many cultures, young men would stay with their families until their 40's. >> good morning. it is 7:30 in the morning in berlin. the u.s....
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sir martin sorrell in syria if there is a un authority behind it.it. agony and ecstasy on the last day of the commonwealth games — in syria if there is a un authority behind it. scotland's callum hawkins collapses on the verge of in syria if there is a un authority behind it. winning the marathon. on the verge of in syria if there is a un authority behind it. cheering on the verge of in syria if there is a un authority behind it. while england's netball team win gold in the last second in syria if there is a un authority behind it. of their final against australia. gold in the last second in syria if there is a un authority behind it. good evening. the labour leader, jeremy corbyn has questioned the government's decision to launch air strikes on syria — saying he would only consider taking military action with the backing of the united nations. the strikes by britain, the united states and france targeted suspected chemical weapons sites — today the foreign secretary borisjohnson said no further action was planned. but he said if the assad regime us
sir martin sorrell in syria if there is a un authority behind it.it. agony and ecstasy on the last day of the commonwealth games — in syria if there is a un authority behind it. scotland's callum hawkins collapses on the verge of in syria if there is a un authority behind it. winning the marathon. on the verge of in syria if there is a un authority behind it. cheering on the verge of in syria if there is a un authority behind it. while england's netball team win gold in the last second in...
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it's called wpp and was founded and run since 1985 by this man, sir martin sorrell. businesses, creating a £15 billion global giant with enormous influence. sir martin has defined british advertising for almost 30 years as a businessman. so his departure has caused an enormous shock wave through the industry. a big figure on the world business stage, his views were sought—after. .. if the eu does not give on that then, our access... and he was happy to oblige. after 33 years at the top, he stepped down with immediate effect after recent accusations he may have misused wpp funds. claims he denies. meanwhile, upstarts have changed the industry with more advertisers going direct to facebook and google rather than via wpp agencies. the compa ny‘s lost a third of its value, prompting this farewell statement. his critics say he ran the company like a private fiefdom, when he actually owned less than 2%. a pay packet of £70 million in 2015 drew outrage from politicians and rebellion from shareholders. some of whom told the bbc this weekend, it was time for change. for many i
it's called wpp and was founded and run since 1985 by this man, sir martin sorrell. businesses, creating a £15 billion global giant with enormous influence. sir martin has defined british advertising for almost 30 years as a businessman. so his departure has caused an enormous shock wave through the industry. a big figure on the world business stage, his views were sought—after. .. if the eu does not give on that then, our access... and he was happy to oblige. after 33 years at the top, he...
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that was sir martin sorrell, speaking to the bbc just a month ago.the advertising consultant bob wootton. what you make of his sudden departure? i would start by saying he has done a remarkable thing in these 33 years. he has built the biggest advertising company in the world, a british company, ranked about 35 on the ftse. he has probably done the right thing. even if there is nothing to confess to. his statement yesterday was a very focused on the company, his life's work, and on its clients, its staff, and its continuation. it would have been a difficult decision for him. i mean, he seems to have boundless amounts of energy. i have met him many times, i have interviewed him, i spoke to him at davos this year at the world economic forum. and when i interviewed him it is always five o'clock in the morning. he'sjust got loads of energy and so much passion for what he does. so difficult to him to make that choice. interestingly, it would seem that the deal he has brokered with wpp does not exclude him from starting something brand—new as soon as he li
that was sir martin sorrell, speaking to the bbc just a month ago.the advertising consultant bob wootton. what you make of his sudden departure? i would start by saying he has done a remarkable thing in these 33 years. he has built the biggest advertising company in the world, a british company, ranked about 35 on the ftse. he has probably done the right thing. even if there is nothing to confess to. his statement yesterday was a very focused on the company, his life's work, and on its clients,...
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the chief executive of the world's largest advertising agency, martin sorrell, is stepping down.lso coming up: jubilation at the commonwealth games. england beat australia in the netball, to secure the greatest result in their history and win their first commonwealth gold medal. and at 16:30, newsbeat speaks to people who lose their hair at a young age. good afternoon and welcome to bbc news. the labour leader, jeremy corbyn, has said he would only consider involvement in syria if it had the backing of the un. it follows yesterday's missile strikes by the us, france and the uk on suspected chemical weapons sites. meanwhile the foreign secretary, borisjohnson, said no further military action is planned, but that the government would "study the options" if syria used chemical weapons again. here's our political correspondent, iain watson. british forces in action. four tornado aircraft took part in bombing raids on chemical production and storage facilities in syria yesterday. and today, the government was clear — this was about sending a signal that the use of chemical weapons, wh
the chief executive of the world's largest advertising agency, martin sorrell, is stepping down.lso coming up: jubilation at the commonwealth games. england beat australia in the netball, to secure the greatest result in their history and win their first commonwealth gold medal. and at 16:30, newsbeat speaks to people who lose their hair at a young age. good afternoon and welcome to bbc news. the labour leader, jeremy corbyn, has said he would only consider involvement in syria if it had the...
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and new ad to be launched after martin sorrell leaves wqpp. he says nothing has gone wrong.can go and set up a new company. 73. he ran the enormous company, wpp. not a household name, but on the ftse 100. household name, but on the ftse100. it has been broken up. there is an odd mix of a... it has been broken up. there is an odd mix ofa... a it has been broken up. there is an odd mix of a... a desperate group of companies. —— disparate. it is an odd time for the ad market as well. in theory, he could set up something for himself. i will move on. i know my place. who is in charge? whose programme is this? pushy parents make up relationship woe to get children to the best schools. it shows how difficult it is to get where they want. some get a divorce so they can claim two addresses. it sends a poor message to their children. they have to lie. perhaps they think they have really broken up. they will have to spend more money on a therapist. this is so they can claim they have an address next to the school they want. 267 offers were ta ken next to the school they want. 267 offer
and new ad to be launched after martin sorrell leaves wqpp. he says nothing has gone wrong.can go and set up a new company. 73. he ran the enormous company, wpp. not a household name, but on the ftse 100. household name, but on the ftse100. it has been broken up. there is an odd mix of a... it has been broken up. there is an odd mix ofa... a it has been broken up. there is an odd mix of a... a desperate group of companies. —— disparate. it is an odd time for the ad market as well. in...
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martin sorrell's a breath --martin sorrell's abrupt exit.ld's largest advertising company? we will talk deals. good morning. welcome to "bloomberg markets: european open." 30 minutes into the trading day. really interesting stock moves. headline levels, nothing doing really. fairly muted markets. at a granular, stocks level, fascinating things going on. elliott looks like it has acquired a stake in whitbread. the business up by six point 33%. the marley clearly thinks there is a break opinion in the story. -- the market clearly thinks there is a breakup premium in the story. and show get to wpp you how that is trading. it is down sharply. let's show you the losers. down sharply at the start of trade. it is coming back up a bit, but still negative territory. wpp down 1.7% at this point. if you are martin sorrell, do you think that -- do you take that is a good thing or bad thing? also this theory floating around that this is a breakup premium, but that is not happening this morning. there are a bunch of ex-dividends this mine. -- this morning
martin sorrell's a breath --martin sorrell's abrupt exit.ld's largest advertising company? we will talk deals. good morning. welcome to "bloomberg markets: european open." 30 minutes into the trading day. really interesting stock moves. headline levels, nothing doing really. fairly muted markets. at a granular, stocks level, fascinating things going on. elliott looks like it has acquired a stake in whitbread. the business up by six point 33%. the marley clearly thinks there is a break...
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it is called wpp and has been run since 1985 by sir martin sorrell.. a big figure on the world business stage his views were sought... if the eu does not give on that... he was happy to give his opinion. after 33 years at the top he stepped down with immediate effect, after accusations he may have mr used the funds of wpp. he denies this claim. more advertisers are going direct to google and facebook, rather than via wpp agencies. the company has lost a third of its value, prompting this goodbye statement: his critics say he was overpaid and ran the company like his own private fiefdom, when in fact he earned less than 2%. some shareholders told the bbc it was time for a change. for many in the world of advertising sir martin sorrell was more of a money man band an ad man, treating it like a professional service rather than a creative industry. more of a moneyman van and ad man. but british business has lost a true giant. simon jack, bbc news. gavin has all the sport now. manchester city or the english premier league champions, who secured their first
it is called wpp and has been run since 1985 by sir martin sorrell.. a big figure on the world business stage his views were sought... if the eu does not give on that... he was happy to give his opinion. after 33 years at the top he stepped down with immediate effect, after accusations he may have mr used the funds of wpp. he denies this claim. more advertisers are going direct to google and facebook, rather than via wpp agencies. the company has lost a third of its value, prompting this...
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an abrupt exit for an advertising giant — sir martin sorrell steps down as the boss of wpp after 33 yearsi'll be speaking to one leading expert about why his resignation could have a big impact on the ad business. a warm welcome to the programme, briefing you on all you need to know in global news, business and sport. and you can be part of the conversation. as we've mentioned, former at the eye directorjames comey has called donald trump a dangerous and morally unfit leader. —— former fbi director. tell us what you think. just use the hashtag #bbcthebriefing. let's look at that story now in more detail. the former fbi directorjames comey has said he believes donald trump is morally unfit to be president. in an exclusive interview with abc news‘ george stephanopoulos, mr comey said donald trump was incapable of holding presidential office because of his constant lies, and his views on race and women. the bbc‘s chris buckler reports from washington. and bears james. he has become more famous than me! president trump has made no secret of his anger at the huge amount of attention being give
an abrupt exit for an advertising giant — sir martin sorrell steps down as the boss of wpp after 33 yearsi'll be speaking to one leading expert about why his resignation could have a big impact on the ad business. a warm welcome to the programme, briefing you on all you need to know in global news, business and sport. and you can be part of the conversation. as we've mentioned, former at the eye directorjames comey has called donald trump a dangerous and morally unfit leader. —— former...
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the commercial conundrum — martin sorrell quits wpp so what now for the world's biggest ad agency? ve from london, that's our top story on monday 16th april. after 33 years at the top, sir martin's departure is shrouded in mystery, but the ad industry is facing radical changes. also in the programme: one of the world's biggest social media firms waybaw makes an abrupt u—turn after trying to censor gay content in china. —— weibo. with women's role in the workplace very much in the spotlight thanks to #metoo and gneder pay equality, we'll get the inside track on how women can set—up on their own. today, we want to know, as samsuug launches a new not—so—smart phone, which blocks internet use, would you use one? let us know. just use the hashtag, #bbcbizlive. hello and welcome to business live. the world's largest advertising agency wpp is starting the new week in a new place. it no longer has the founder sir martin sorrell running it after he resigned at the weekend. the announcement comes less than two weeks after the company said he was being investigated for misconduct. when london
the commercial conundrum — martin sorrell quits wpp so what now for the world's biggest ad agency? ve from london, that's our top story on monday 16th april. after 33 years at the top, sir martin's departure is shrouded in mystery, but the ad industry is facing radical changes. also in the programme: one of the world's biggest social media firms waybaw makes an abrupt u—turn after trying to censor gay content in china. —— weibo. with women's role in the workplace very much in the...
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martin sorrell has resigned since earlier this month into alleged personal misconduct without any detailsng a global ad giant sorrell overseeing the company on the nasdaq and acquiring a range of marketing companies including j. walter thompson he was known for his massive pay packages which were the largest of any in the ftse and sorrell will continue to get paid his resignation is being treated as retirement qualifying him for as much as 19 million sterling over the next five years as the board conducts its ceo search, it promoted its chairman to executive chairman and named two co-coos. and the pressure is on to find a new ceo after the company's stock has lost about 35% in the last 12 months and the company in its most recent quarter forecast zero revenue growth for 2018. this all raises questions about whether the conglomerate needs to be run differently or split up given cost pressures and the fact that google and facebook increasingly dominate the sector now, a source tells us that sorrell does not have a non-compete clause though he's 73, he's not ready to retire quite yet. joe, b
martin sorrell has resigned since earlier this month into alleged personal misconduct without any detailsng a global ad giant sorrell overseeing the company on the nasdaq and acquiring a range of marketing companies including j. walter thompson he was known for his massive pay packages which were the largest of any in the ftse and sorrell will continue to get paid his resignation is being treated as retirement qualifying him for as much as 19 million sterling over the next five years as the...
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shares slide following sir martin sorrell's resignation.ee decades in charge saying pressure over a misconduct allegation was hurting the world's largest ad company. >>> elliott energizes whitbread shares >>> looks like some european markets have slid down into the red very slightly over the last few minutes. we take a look at the board. ftse 100 is down the xetra dax slipping down a little bit as is the cac carant and the ftse is still in the green 10% up on the day. look at the currency market. the euro is strengthening and the dollar is dropping against the japanese yen the dollar is weaker against the swiss frank. we can see all three major indid i sees are ranked higher dow jones up almost 100 points and the nasdaq up 25 points. now the big story for u.k. and global corporate news, w.p.p. shares are slumping following sir martin sorrell's tee par tur unexpectedly as ceo. he said that the distraction was putting too much strain on the company. chairman roberta quarter will take over as executive chairman until a new ceo can be appointed
shares slide following sir martin sorrell's resignation.ee decades in charge saying pressure over a misconduct allegation was hurting the world's largest ad company. >>> elliott energizes whitbread shares >>> looks like some european markets have slid down into the red very slightly over the last few minutes. we take a look at the board. ftse 100 is down the xetra dax slipping down a little bit as is the cac carant and the ftse is still in the green 10% up on the day. look at...
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the chief executive of the world's largest advertising agency, martin sorrell, is stepping down. also coming up: jubilation at the commonwealth games. england beat australia in the netball, to secure the greatest result in their history and win their first commonwealth gold medal. and at 15:30: click visits a farm where robots drive tractors, manage a field and harvest crops. good afternoon and
the chief executive of the world's largest advertising agency, martin sorrell, is stepping down. also coming up: jubilation at the commonwealth games. england beat australia in the netball, to secure the greatest result in their history and win their first commonwealth gold medal. and at 15:30: click visits a farm where robots drive tractors, manage a field and harvest crops. good afternoon and
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life after sir martin sorrell. who built wpp into an advertising powerhouse has stepped down what is next for the company and the 76ers are in the playoffs for the first time in six years. we're told how they did it right here on "power lunch." zplmpl zplmplts. >>> hello, everyone. i'm sue herrera. president trump's private attorney arriving for a hearing over a search over his files michael cohen's lawyers want to see them before prosecutors see them >>> women are less likely to receive the right medication than men after a heart attack. 70% of women were prescribed high intensity statins compared to 76% of men. it may help explain why women are more likely to die from heart disease than men >>> domino will now deliver to the great outdoors drivers can now meet customers at beaches, parks, and landmarks with pizza and other food on its menu it will show up on the company's app and website as domino hot spots. >>> japan's kowauchi winning the boston marathon. he becomes the first japanese man to win since 1987. ame
life after sir martin sorrell. who built wpp into an advertising powerhouse has stepped down what is next for the company and the 76ers are in the playoffs for the first time in six years. we're told how they did it right here on "power lunch." zplmpl zplmplts. >>> hello, everyone. i'm sue herrera. president trump's private attorney arriving for a hearing over a search over his files michael cohen's lawyers want to see them before prosecutors see them >>> women are...
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jeremy corbyn, has called for a vote in parliament tomorrow, following yesterday's air strikes sir martin sorrell, the founder and head of the world's largest advertising group, wpp, has resigned — less than a fortnight after the company announced it was investigating an allegation of personal misconduct. five people have been treated by paramedics after a car collided with a group of pedestrians in essex. the collision took place in canvey island yesterday afternoon. now on bbc news, it's time for click. old mackelly had a farm, e—i—e—i—o. and on his farm, he had a robot tractor, a flower picker and, oh, it looks like we're taking on a new member of the team! if i'm honest, i'm as comfortable
jeremy corbyn, has called for a vote in parliament tomorrow, following yesterday's air strikes sir martin sorrell, the founder and head of the world's largest advertising group, wpp, has resigned — less than a fortnight after the company announced it was investigating an allegation of personal misconduct. five people have been treated by paramedics after a car collided with a group of pedestrians in essex. the collision took place in canvey island yesterday afternoon. now on bbc news, it's...
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sir martin sorrell stepping down from wpp group following claims of misconduct. ok the helm of the company back in 1986 and he turned it into the world's biggest advertising company from literally and wire shopping cart company. major clients, p&g, shell. they're lower in london training joining us is matthew gareahan we very rarely hear of an executive quitting did he quit or was he pushed out? >> officially he quit. he resigned. he gets to keep his retirement package which is worth 20 million pounds sterling. he wouldn't have quit had it not been for this investigation into the conduct and the unspecified allegation that he did something wrong. we don't know what that is the company isn't saying what it is all sides have agreed not to talk about what the allegation is or what it was. >> is it possible we'll never know >> i've got a feeling it will come out i'm not going to speculate he was alleged to have done something improper with the company fund and i think the specific language when they first mentioned this is we're looking into his personal conduct. that
sir martin sorrell stepping down from wpp group following claims of misconduct. ok the helm of the company back in 1986 and he turned it into the world's biggest advertising company from literally and wire shopping cart company. major clients, p&g, shell. they're lower in london training joining us is matthew gareahan we very rarely hear of an executive quitting did he quit or was he pushed out? >> officially he quit. he resigned. he gets to keep his retirement package which is worth...
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the chief executive of the world's largest advertising agency, martin sorrell, is stepping down fiveeople have been treated by paramedics after a car collided with a group of pedestrians in essex. also coming up — drama at the commonwealth games. scotland's callum hawkins was taken away in an ambulance after collapsing just over one mile from the end of the marathon. jubilation in the netball as england beat australia to secure the greatest result in their history and win their first commonwealth games gold medal. and our sunday morning edition of the papers is at 9.35am. this morning's reviewers are political commentatorjames millar, and the spectator‘s katy balls. good morning and welcome to bbc news. donald trump has warned the syrian government the us is "locked and loaded" and prepared to strike again if there are any further chemical weapons attacks in the country. britain, france and the united states have called on the un to hold an independent investigation into last week's suspected chemical attack in douma. but that would need the support of russia — which has condemned sa
the chief executive of the world's largest advertising agency, martin sorrell, is stepping down fiveeople have been treated by paramedics after a car collided with a group of pedestrians in essex. also coming up — drama at the commonwealth games. scotland's callum hawkins was taken away in an ambulance after collapsing just over one mile from the end of the marathon. jubilation in the netball as england beat australia to secure the greatest result in their history and win their first...
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the founder and head of the world's largest advertising agency, wpp, sir martin sorrell, has resignedn a fortnight after the company announced he was being investigated for misconduct. he leaves wpp after 33 years in the job. sir martin denies any wrongdoing. joe lynam has more. you might not know the agencies behind them, but you will know many of the adverts that they come up with. wpp owns many of the large advertising and public relations groups in the world and this is the man who created the £15 billion behemoth. sir martin sorrell took a company called wire and plastic products, which made supermarket baskets, into a major entity in 112 countries. but now, a 33—year glittering career is coming to an end amid recent accusations that he may have misused wpp funds. although sir martin has strenuously denied any wrongdoing, he said it would be in the best interests of the business if he stepped down now. this resignation is a lot more than the use of company funds. many believe wpp is simply not growing like it used to. tech giants like facebook and google are placing ads directly
the founder and head of the world's largest advertising agency, wpp, sir martin sorrell, has resignedn a fortnight after the company announced he was being investigated for misconduct. he leaves wpp after 33 years in the job. sir martin denies any wrongdoing. joe lynam has more. you might not know the agencies behind them, but you will know many of the adverts that they come up with. wpp owns many of the large advertising and public relations groups in the world and this is the man who created...
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Apr 15, 2018
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the chief executive of the world's largest advertising agency, martin sorrell, is stepping down five people have been treated by paramedics after a car collided with a group of pedestrians in essex. also coming up, jubilation at the commonwealth games england beat australia in the netball to secure the greatest result in their history and win their first commonwealth gold medal. and, at 12.30, click visits a farm where robots drive tractors, manage a field, and harvest crops. good afternoon and welcome to bbc news. donald trump has warned the syrian government the us is "locked and loaded" and prepared to strike again if there are any further chemical weapons attacks in the country. britain, france and the united states have called on the un to hold an independent investigation into last week's suspected chemical attack in douma. but that would need the support of russia — which has condemned saturday's air strikes as an aggression. here — the foreign secretary boris johnson has told the bbc the action was "essential". the labour leader, jeremy corbyn, meanwhile, has called for a com
the chief executive of the world's largest advertising agency, martin sorrell, is stepping down five people have been treated by paramedics after a car collided with a group of pedestrians in essex. also coming up, jubilation at the commonwealth games england beat australia in the netball to secure the greatest result in their history and win their first commonwealth gold medal. and, at 12.30, click visits a farm where robots drive tractors, manage a field, and harvest crops. good afternoon and...
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Apr 30, 2018
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the first sector results were published since martin sorrell stepped down i've got to ask you, this iset of results since sorrell stepped down how important is that going to be for the next quarterly results, do you think? >> yes, good morning i think this morning's message is really probably about steadying the ship and trying to demonstrate wpp isn't just all about martin sorrell despite he was a huge influence and personality. in underlying terms the message coming through is very much one of business as usual and very reassuring remarks perhaps adding the departure of martin sorrell. what we've seen is a very, very strong underlying business with challenges but with certainly opportunities under a new and perhaps slightly more focused management team. >> so there are reports over the weekend that the data and market research business is looking to spin off for about 3.5 billion pounds would that be a welcome development in your view >> i think it's a difficult one to call. kantar has talked about historically as a business that wpp might dispose of over the past couple of years it
the first sector results were published since martin sorrell stepped down i've got to ask you, this iset of results since sorrell stepped down how important is that going to be for the next quarterly results, do you think? >> yes, good morning i think this morning's message is really probably about steadying the ship and trying to demonstrate wpp isn't just all about martin sorrell despite he was a huge influence and personality. in underlying terms the message coming through is very much...
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sir martin sorrell, the founder and head of the world's largest advertising group, wpp, has resignedess than a fortnight after the company announced it was investigating an allegation of personal misconduct. five people have been treated by paramedics after a car collided with a group of pedestrians in essex. the collision took place in canvey island yesterday afternoon. more than 500 australian firefighters, with support from aircraft, are tackling a huge bushfire threatening homes in the southern suburbs of sydney. now on bbc news, the travel show. this week on the travel show. the australian town taking its tourism up a gear. a fiery dc dish tested by 60 years of political titans. how to fly without leaving the ground. and the african national park fighting back against poachers. i thought it would be this depleted park. in fact, it's just teeming. but first today, i'm in alice springs, the red centre of australia's enormous and sparse northern territory. indigenous populations have lived here for thousands of years, and in the late 19th century, the town became an important stop
sir martin sorrell, the founder and head of the world's largest advertising group, wpp, has resignedess than a fortnight after the company announced it was investigating an allegation of personal misconduct. five people have been treated by paramedics after a car collided with a group of pedestrians in essex. the collision took place in canvey island yesterday afternoon. more than 500 australian firefighters, with support from aircraft, are tackling a huge bushfire threatening homes in the...
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sir martin sorrell's departure follows vague allegations of misconduct. stock fell hard today as investors tried to assess its future without the long time leader who has helped build thaa company ad agency power house. >> reporter: a dramatic departure of the high profile chief. sir martin sorrell has resigned following the conclus n of an investigation started earlier this month into alleged personal misconduct. the details have not been revealed. over 33 years he turned a stake in aas shoppingt company into a global ad giant through a series of acquisitions of madison avenue coanies, expanding its focus on digital ads. >> the firm was him. 's kind of interesting. he really was a very strong leader. he was wpp. he's t one that spends time in silicon valley. he's the one who's been competing with facebook and google. it will be iting to see what happens. >> sorrell was known for his massive compensation. he brought in about $100 million in 2015 which is one t of biggest pay deals in u.k. corporate history, wch drew some backlash from shareholders. he ow
sir martin sorrell's departure follows vague allegations of misconduct. stock fell hard today as investors tried to assess its future without the long time leader who has helped build thaa company ad agency power house. >> reporter: a dramatic departure of the high profile chief. sir martin sorrell has resigned following the conclus n of an investigation started earlier this month into alleged personal misconduct. the details have not been revealed. over 33 years he turned a stake in aas...
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on is moving lower allegations of misconduct of martin sorrell using company assets.ccelerating losses, down 4.6%. matt: thank you very much next, the italian president will meet party leaders today to try to form the country's next government after an inconclusive election last month. will he be successful? an important and fascinating story from europe. this is bloomberg. ♪ ♪ matt: welcome back to "bloomberg markets: european open." we are 19 minutes into the session. we opened up next but are turning up lower as we get increasingly negative rhetoric out of china in response to the u.s. tariffs. we will hear imminently from more of a detailed list of retaliation that they have are concerned the u.s. is breaching the rules of the wto, and putting that in a multilateral framework in danger. we see u.s. futures pointing lower. we see u.s. stocks falling on that. let me give you a list of other things you could be watching china other than that press conference that will come shortly. at 10:00 a.m. u.k. time we will get an unemployment reading and in inflation reading f
on is moving lower allegations of misconduct of martin sorrell using company assets.ccelerating losses, down 4.6%. matt: thank you very much next, the italian president will meet party leaders today to try to form the country's next government after an inconclusive election last month. will he be successful? an important and fascinating story from europe. this is bloomberg. ♪ ♪ matt: welcome back to "bloomberg markets: european open." we are 19 minutes into the session. we opened...
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sir martin sorrell has quit wpp after being in thejob martin sorrell has quit wpp after being in theront pages did not pick this up. he has meant an incredible amount to this company. it was a small company before he got involved. it has been an incredible success story. he is one of the big beasts of industry but it has not ended well. fat cats, shareholder dissatisfaction. his pay has been reduced. we need to be interested because of our pension funds. of course. it is interesting when someone as course. it is interesting when someone as big as that is held to account. what are the knock—on effects ? account. what are the knock—on effects? 15 years ago you would consider someone like that to be untouchable. and not in the moderate climate. bbc back in the headlines again for equal pay. hopefully it will be a bit of a pay rise first shirley ballas, the head judge of strictly come dancing. when she took over from strictly come dancing. when she took overfrom len strictly come dancing. when she took over from len goodman, strictly come dancing. when she took overfrom len goodman, she
sir martin sorrell has quit wpp after being in thejob martin sorrell has quit wpp after being in theront pages did not pick this up. he has meant an incredible amount to this company. it was a small company before he got involved. it has been an incredible success story. he is one of the big beasts of industry but it has not ended well. fat cats, shareholder dissatisfaction. his pay has been reduced. we need to be interested because of our pension funds. of course. it is interesting when...
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welcome back to the show the world's largest advertising group, wpp is investigating its ceo, sir martin sorrellsonal misconduct. an independent counsel is looking into the allegation and it does not involve amounts material to the company. the "wall street journal" reported that the board is investigating whether sorrell misused company assets and is looking at allegations of improper personal behavior >>> u.s. banker john thain has been nominated to join deutsche bank's advisory board as john cryan faces increasing question about his future a reuters report quotes two main investors criticizing the bank's performance and his handling of the search for a new ceo. >>> shares in european carmakers are down after germany's new car sales dropped 3.5% in march. u.s. car sales jumped 2.5% in march thanks to a stronger economy and bigger consumer discounts. fiat chrysler saw a 14% rise in sales fueled by record demand for its jeep brand all eyes will be on how the auto sector responds in the u.s. session later today. >>> david einhorn's green light capital had one of its worst quarters on record in a
welcome back to the show the world's largest advertising group, wpp is investigating its ceo, sir martin sorrellsonal misconduct. an independent counsel is looking into the allegation and it does not involve amounts material to the company. the "wall street journal" reported that the board is investigating whether sorrell misused company assets and is looking at allegations of improper personal behavior >>> u.s. banker john thain has been nominated to join deutsche bank's...
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sir martin sorrell, the founder and head of the world's largest advertising group, wpp, has resigned less than a fortnight after the company announced it was investigating an allegation of personal misconduct. two teenagers have been arrested following a serious road traffic collision in essex. three people remain in hospital, but none of the injuries are life threatening. more than 500 australian firefighters with support from aircraft are tackling a huge bushfire threatening homes in the southern suburbs of sydney. now on bbc news it's time for hardtalk. the outside world tends to view scandinavia as a haven of prosperity, progressive politics and social liberalism, but look closer and you find a powerful strand of right—wing populism fuelled by a suspicion of immigration. my guest is sivjensen, finance minister and the leader of the right—wing progress party, a partner in norway's coalition government for the past five years. how does populism work in a country rated one of the world's richest and happiest? sivjensen, welcome to hardtalk. thank you very much. labels are inevitable
sir martin sorrell, the founder and head of the world's largest advertising group, wpp, has resigned less than a fortnight after the company announced it was investigating an allegation of personal misconduct. two teenagers have been arrested following a serious road traffic collision in essex. three people remain in hospital, but none of the injuries are life threatening. more than 500 australian firefighters with support from aircraft are tackling a huge bushfire threatening homes in the...
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betty: these are big shoes to fill, martin sorrell's shoes.is going to be the next ceo, and will that be an insider or someone external? -- not sure who they will go with as permanent replacement but more likely it will be from within. andrew scott, who will be the co-ceo, coo for the company now, i think both of them would be good candidates for the position. but given the reputation of the at holding firm and its agencies, i think it would be best for the company to go with someone from within. betty: so going from within, does that tell you this is -- if they were to promote someone from within, does that tell you that the strategy of martin , youll when he was leading know, it is still the right strategy for wpp? if they were to go externally, that would leave -- lead them to believe it is the wrong strategy and he go with something radically different. i think yes. overall it would indicate that strategy was the correct one, especially talking about restructuring to operate more efficiently, given the lower topline growth facing. so i thi
betty: these are big shoes to fill, martin sorrell's shoes.is going to be the next ceo, and will that be an insider or someone external? -- not sure who they will go with as permanent replacement but more likely it will be from within. andrew scott, who will be the co-ceo, coo for the company now, i think both of them would be good candidates for the position. but given the reputation of the at holding firm and its agencies, i think it would be best for the company to go with someone from...
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Apr 16, 2018
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martin sorrell leaves wpp after alleged misconduct the company is not revealing details of the investigation rejected the allegation. he said in a memo to staff, quote, it's putting too much unnecessary pressure on the business, saying it's in the best interest of shareholders for him to step aside. 73-year-old's resignation is being treated as a retirement, qualifying him for 19 million in pounds over the next five years and brings to end sorrell's 33-year history in which he overturned a company which made shopping baskets through a series of massive acquisitions, including j. walter tohompson an mather he was known for his massive pay packages, 70 million sterling in 2015 that drew backlash from shareholders but worth noting that he has relatively low ownership of the company, only about 1.5% as the company continues its ceo search, it has, in the meantime, promoted its chairman to executive chairman and has named two co-coos. this comes as wpp shares have lost about 35% over the past 12 months on disappointed quarterly results and the company also forecast zero revenue growth for 2018 al
martin sorrell leaves wpp after alleged misconduct the company is not revealing details of the investigation rejected the allegation. he said in a memo to staff, quote, it's putting too much unnecessary pressure on the business, saying it's in the best interest of shareholders for him to step aside. 73-year-old's resignation is being treated as a retirement, qualifying him for 19 million in pounds over the next five years and brings to end sorrell's 33-year history in which he overturned a...
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Apr 15, 2018
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sir martin sorrell, the founder and head of the world's largest advertising group, wpp, has resigned,ess than a fortnight after the company announced it was investigating an allegation of personal misconduct. two teenagers have been arrested following a serious road traffic collision in essex. three people remain in hospital, but none of the injuries are life threatening. more than 500 firefighters, with support from aircraft, are tackling a huge bushfire, threatening homes in the southern suburbs of sydney. old mackelly had a farm, e—i—e—i—o. and on his farm, he had a robot tractor, a flower picker and, oh, it looks like we're taking on a new member of the team! if i'm honest, i'm as comfortable on a realfarm as a cow would be in a data farm, but i'm here to see a world first. as farming gets more automated, it might not come as a surprise to know that many modern tractors will drive autonomously in a straight line. nearly all of them, though, need a human operator to turn the corners and generally be the brains of the operation. what's interesting is that in this one field in shrops
sir martin sorrell, the founder and head of the world's largest advertising group, wpp, has resigned,ess than a fortnight after the company announced it was investigating an allegation of personal misconduct. two teenagers have been arrested following a serious road traffic collision in essex. three people remain in hospital, but none of the injuries are life threatening. more than 500 firefighters, with support from aircraft, are tackling a huge bushfire, threatening homes in the southern...
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and in other news, sir martin sorrell steps down from wpp. sport now.the bbc sport centre. it has been a record—breaking history morning. you missed england's li—team the australia to win the commonwealth title. never before had england reached a commonwealth games netball final. never before have they won any more than a bronze. but, with another last—gasp basket, england's roses blossomed at the buzzer. commentator: england have done it! they have made history! they have snatched the gold medal from australia! the greatest result in their history, a win to rewrite the records. it's my dream come true. the girls worked so hard over the last international phase. they put in there. they're against the world number one who, you know, they're renowned, we've not beaten once in the whole cycle i've been in, and to beat them at that time was just stupendous. and i think the preparation yesterday really put us up for them tight games and, yeah, i'm just so really proud, i'm really, really proud. they say teamwork makes the dream work, and so it proved for hus
and in other news, sir martin sorrell steps down from wpp. sport now.the bbc sport centre. it has been a record—breaking history morning. you missed england's li—team the australia to win the commonwealth title. never before had england reached a commonwealth games netball final. never before have they won any more than a bronze. but, with another last—gasp basket, england's roses blossomed at the buzzer. commentator: england have done it! they have made history! they have snatched the...
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advertising company is in sharp focus this morning after the abrupt up archer of its founder and ceo, martin sorrellthe board will be looking to find a long-term solution. meanwhile, the financial times has reported that sorrell does not have a noncompete agreement with wpp. japan and china said they will work together to encourage north korea to abandon its nuclear program. improving sign of relations between ages two largest economies came as china's foreign minister made a rare trip to tokyo. u.k. lawmakers could send prime minister theresa may back to the negotiation table and engineer a second referendum or prompted general election when the final brexit deal comes to parliament for approval. the government has said there will be a take it or leave it vote on the deal. the influential think tank, the institute for government come will say that parliament almost certainly be able to middlemen the motion. to be able to amend the motion. the bush family has said that barbara bush is in failing health in one seek additional medical treatment. she is surrounded by her family and things people for th
advertising company is in sharp focus this morning after the abrupt up archer of its founder and ceo, martin sorrellthe board will be looking to find a long-term solution. meanwhile, the financial times has reported that sorrell does not have a noncompete agreement with wpp. japan and china said they will work together to encourage north korea to abandon its nuclear program. improving sign of relations between ages two largest economies came as china's foreign minister made a rare trip to...
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sir martin sorrell, the highest paid boss of a british public company, has resigned after being investigatedmisconduct. sir martin announced he had stepped down as chief executive of wpp with immediate effect, saying it was in the "best interests of the business" for him to go. last year wpp, the world's largest advertising agency, cut sir martin's salary by nearly a third to £48.1 million. one person is fighting for their life in hospital, and another has potentially life—changing injuries, after a car ploughed into six pedestrians in essex. two of the group had to be air—lifted to hospital after the incident in canvey island. ben ando has more. crash investigators at the scene, marking down the track of a car that veered off the road and struck six people on the pavementjust yards north of the seafront at ca nvey island. it is unclear what happened or why, but five of those hit were hurt, one critically, another with life—changing injuries, and a major incident was declared. three helicopters and four land ambulances were scrambled to the scene. it is quite quiet along the seafront and, ye
sir martin sorrell, the highest paid boss of a british public company, has resigned after being investigatedmisconduct. sir martin announced he had stepped down as chief executive of wpp with immediate effect, saying it was in the "best interests of the business" for him to go. last year wpp, the world's largest advertising agency, cut sir martin's salary by nearly a third to £48.1 million. one person is fighting for their life in hospital, and another has potentially life—changing...
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sir martin sorrell, the founder and head of the world's largest advertising group, wpp, has resigned — less than a fortnight after the company announced it was investigating an allegation of personal misconduct. five people have been treated by paramedics after a car collided with a group of pedestrians in essex. the collision took place in canvey island yesterday afternoon. coming up in a few minutes, our sunday morning edition of the papers. this morning's reviewers are political commentatorjames millar, and the spectator‘s katy balls. before the papers — sport. and for a full round—up, from the bbc sport centre, here's ben croucher. thank you very much. history makers, what a morning on the gold coast! congratulations, well done if you have stayed up late. england's that all those pulled off their biggest win, shocking australia to win the commonwealth title. mike is in australia, what a way to round off the games, and great games. absolutely, what an incredible final day. the netballers heading to the stadium behind me in the distance for the closing ceremony, on a high. but what
sir martin sorrell, the founder and head of the world's largest advertising group, wpp, has resigned — less than a fortnight after the company announced it was investigating an allegation of personal misconduct. five people have been treated by paramedics after a car collided with a group of pedestrians in essex. the collision took place in canvey island yesterday afternoon. coming up in a few minutes, our sunday morning edition of the papers. this morning's reviewers are political...
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sir martin sorrell denies any wrongdoing but said he did not want to put any unnecessary pressure on the joint missile strikes against syria by the us, britain and france were "perfectly executed." four british tornado jets were involved in the attacks. theresa may said the use of force was "legal and right. " russia have reacted at the united nations, saying the attacks were a "blatant violation" of international law. we have got the papers and we are going to look at the front pages and how they are reporting on syria very shortly at 11:30 pm. now it is time toa round—up shortly at 11:30 pm. now it is time to a round—up of the sports news. hello. after four miles to a round—up of the sports news. hello. afterfour miles it to a round—up of the sports news. hello. after four miles it was won bya hello. after four miles it was won by a matter of inches. tiger role held off a late charge to win the grand national this afternoon. it was 14th time lucky for the jockey as he led a one, two, three, four for horses trained in ireland. would racing's biggest day see one of its biggest storie
sir martin sorrell denies any wrongdoing but said he did not want to put any unnecessary pressure on the joint missile strikes against syria by the us, britain and france were "perfectly executed." four british tornado jets were involved in the attacks. theresa may said the use of force was "legal and right. " russia have reacted at the united nations, saying the attacks were a "blatant violation" of international law. we have got the papers and we are going to...
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sir martin sorrell, the founder and head of the world's largest advertising group, wpp, has resigneds than a fortnight after the company announced it was investigating an allegation of personal misconduct. now on bbc news jane hill presents dateline london. hello and welcome to dateline london, i'mjane hill. our programme today, of course, dominated by the missile strike on syria carried out by the us, the uk and france, following the apparent use of chemical weapons on the people of douma a week ago. what happens next and will this have any impact on the long running civil war in syria? my guests around the table this week, henry tu, the american writer, the european editor of variety. the arab affairs writer, abdul bari atwan. the russian commentator and former kremlin advisor alexander nekrassov. and bronwyn maddocks from the institute for government and of course formerly with the the times and the economist. a very warm welcome to all of you. so, as we go to air, the us the uk and france have hit multiple government sites in syria in response to the apparent use of chemical weap
sir martin sorrell, the founder and head of the world's largest advertising group, wpp, has resigneds than a fortnight after the company announced it was investigating an allegation of personal misconduct. now on bbc news jane hill presents dateline london. hello and welcome to dateline london, i'mjane hill. our programme today, of course, dominated by the missile strike on syria carried out by the us, the uk and france, following the apparent use of chemical weapons on the people of douma a...
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martin sorrell is a great salesman.rom digital, he would say we are handling it just fine. maybe it is not find. is there a fundamental transformation of all advertising? jason: you are seeing it in this business with platforms like facebook and google, etc. there is a tremendous amount of disruption happening with how consumers in just their media and how quickly the digital transformation has impacted the advertising agency business. martin was right for many years was a major title wave on the business and he went after some of the major platforms. the norm absolutely now in this business, it will continue that way and i see martin departing as a big sign that the industry is going to have to take some things seriously to create more value for itself and its clients. david: does the industry have to become smaller? just do not need to spend as much money on advertising the way be did before? problem -- jason: it probably does have to become smaller to an extent, but the most important thing is it has to evolve. the a
martin sorrell is a great salesman.rom digital, he would say we are handling it just fine. maybe it is not find. is there a fundamental transformation of all advertising? jason: you are seeing it in this business with platforms like facebook and google, etc. there is a tremendous amount of disruption happening with how consumers in just their media and how quickly the digital transformation has impacted the advertising agency business. martin was right for many years was a major title wave on...
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sir martin sorrell, the highest paid boss of a british public company, has resigned after being investigatedersonal misconduct. sir martin announced he had stepped down as chief executive of wpp with immediate effect, saying it was in the "best interests of the business" for him to go. last year, wpp, the world's largest advertising agency, cut sir martin's salary by nearly a third — to £48.1 million. one person is in a critical condition in hospital, and another has potentially life—changing injuries, after a car ploughed into six pedestrians in essex. two of the group had to be air—lifted to hospital after the incident in canvey island. now on bbc news, we've got some of the best of radio i newsbeat‘s documentaries — with a few images you may find distressing. here's nesta mcgregor. coming up in this special programme, two reports from radioi and ixtra's newsbeat team. firstly, what happens when you lose your hair early? it can be caused by genetics, stress or even a poor diet. and it happens to men and women. this is chidera's story. people have always gone bald and they've tried lots of
sir martin sorrell, the highest paid boss of a british public company, has resigned after being investigatedersonal misconduct. sir martin announced he had stepped down as chief executive of wpp with immediate effect, saying it was in the "best interests of the business" for him to go. last year, wpp, the world's largest advertising agency, cut sir martin's salary by nearly a third — to £48.1 million. one person is in a critical condition in hospital, and another has potentially...