UK Is The Fastest-Growing ‘Mature’ Ad Market

Advertising spending in measured media in the U.K. is expected to show a 6.3% increase this year, the fastest growth of any major, mature consumer economy, and well ahead of the 4% global ad investment growth expected for 2014, according to a new forecast by WPP’s GroupM

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Agency profits hit ten year low

Operating profit margins declined by nearly a sixth in 2013 to just 11.9 per cent, the lowest level since 2004. The absolute level of profits also declined by 10 per cent in real terms year on year, with the top 40 making £68 million of operating profit compared to £73m last time round

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Digital subscribers double at the Sun

The Sun newspaper has doubled its number of digital subscribers to 225,000, but failed to offset a decline in its overall paid readership, in a test case of whether tabloid newspapers can successfully charge for online content.

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UDG Healthcare has €503m war chest to fund takeovers

Shares in UDG Healthcare jumped about 6pc at one stage yesterday after the company said that revenue had risen 5pc to €2.1bn in the financial year to the end of September, while adjusted operating profit rose 9pc to €102.6m. The group was spurred by its Ashfield and Sharp Packaging divisions.

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Local World take on Facebook and Google

Three of the UK’s four large regional newspaper groups are to pool their digital advertising space, giving brands access to more than 50 million online readers as they attempt to fight back against the drain of ad spend to tech companies such as Microsoft, Google and Facebook

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