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MYSTERIOUS: 2 - You Need To See This

The star-studded mountaintop utopia that wasn’t

The creators of a "Ted meets Burning Man" conference set out to build a utopia for tech elites and celebrities on Powder Mountain, but it didn't work out quite as planned.

Fortune

4 young founders bought a $40 million Utah ski mountain to build a utopia for tech elites. What could go wrong?

A group of twentysomething entrepreneurs created the wildly successful Summit Series conferences. But building an "intentional" and eco-friendly resort community for the rich and famous is quite a different undertaking.

Fortune

WPP buys influencer agency whose co-founder criticised its digital strategy

“The size of WPP, there might be 30-40% of their business that is literally not fit for purpose in the next three or four years,” Arron Shepherd said a year ago

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

WPP profits top £1bn as ad giant’s boss embraces “scary” AI revolution

WPP offered hope today that the economy could be in for a “soft landing” as clients resumed spending and profits zipped past £1 billion.

Evening Standard

Liz Truss warned businesses will ‘go on strike’ by halting investment without clear plan

Companies ‘won’t invest until they see some clarity’, says business chief Martin Sorrell

The Independent UK

Economic strife to last until 2024 warns Sage of Soho Martin Sorrell

ADVERTISING guru Sir Martin Sorrell today likened the energy crisis to the financial crash of 2008 and warned there may be no signs of economic recovery until 2024.

Evening Standard

Global ad market faces ‘car crash’ next year amid cost of living crisis

Industry bullish in build-up to football World Cup but marketing spend an ‘easy cost to cut’ as demand slows

The Guardian - UK

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S4 Capital’s share slump means Sir Martin Sorrell has a crisis on his hands

The advertising firm was already low on credit with investors and the latest numbers call its strategy into question

The Guardian - UK

Inside Bernie Ecclestone’s adoration of long-time friend Vladimir Putin

Amid the ongoing war in Ukraine, Ecclestone has come out in support of his friend.

Evening Standard

‘An electoral liability’: business loses patience with Boris Johnson

Analysis: With Tory party in turmoil, firms frustrated and a cost of living crisis, time is not on PM’s side

The Guardian - UK

‘Unacceptable and embarrassing’: Sorrell criticises S4 Capital results delay

Founder vows to make changes to structure after almost $1bn wiped off advertising group’s share price

The Guardian - UK

Sir Martin finds it hard to see how we get out of this one

City Comment: S4 Capital boss can’t shape of economic recovery this time

Evening Standard

Sage of Soho warns on “perfect storm” for economy as recession fears mount

BRITAIN’S top ad man today warned of a hard landing for the UK, one day after the Bank of England predicted that inflation will top 10% and the economy could fall into recession.

Evening Standard

Whatever is behind S4 Capital’s audit delay, Sir Martin Sorrell should be more up front about deal spree

Nature abhors a vacuum and so it has proved at S4 Capital.

Evening Standard

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The Guardian - UK

BA investors as much as customers deserve explanation for IT woes

It’s hard to fathom why airline and IAG didn’t throw kitchen sink at deep-rooted problems years ago

Evening Standard

FTSE report: Sir Martin Sorrell’s S4 Capital falls further after auditor delay

Shares in Sir Martin Sorrell’s digital marketing group S4 Capital continued a downward slide today after nearly £1 billion was wiped off the company’s value late on Wednesday.

The Guardian - UK

Share price of Martin Sorrell’s S4 Capital fall again after auditor delay

PwC’s postponement of financial audit without reason fuels further fall after 36% slump on Wednesday

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