Economic growth is stalling. "The Times" reports the UK's GDP for the first quarter has been revised down to 0.2% from an earlier estimate of 0.3%. Last year, growth of 0.7% was recorded during Q1. Similarly, household spending only increased by 0.3% in Q1 this year, compared to 0.7% in the same period the year before.
A report from Creativebrief shows that agencies agree they need to evolve faster to fit in with agency expectations, "Marketing Week" reveals. The survey found 68% of agency respondents and 72% of brand respondents agreed that agency processes and structures are not keeping pace with brands' requirements.
UK Prime Minister Theresa May will tell leaders at the G7 Summit in Sicily today that they need to collectively put more pressure on the tech giants to tackle extremism, the BBC reports.
Walkers has apologised after pranksters began to dominate a social media campaign which asked the public to submit a selfie that would appear alongside tv presented, and frontman for Walkers, Gary Lineker. The Drum reveals that alongside real selfies, pranksters sent in photos of arch criminals such as The Yorkshire Ripper and Harold Shipman.
"Press Gazette" has been crunching Mail Online's latest six-month results and concludes that with the digital business growing from GBPP44m to GBP60m in revenue, it is plugging the gap with its sister print titles, "The Daily Mail" and "Mail on Sunday," which dropped from GBP243m to GBP242m for the first half of 2016.
The head of the UK's largest regional newspaper group will depart in an announcement due this weekend, Sky News is claiming. A strategic review is due to look at options for how the local newspaper group can remain competitive in the face of a decline in print revenue and tough competition online from the likes of Google and Facebook.
Greg Gianforte, the Republican Candidate in the Montana congressional seat election, has been charged with misdemeanor assault after an audio recording and eyewitnesses reported him "body slamming" a reporter from the UK's "Guardian" newspaper. According to "The Guardian," its reporter, Ben Jacobs', version of events and audiotape were backed up by Fox News reporter Alicia Acuna.
"Campaign" reports that not only did Marks & Spencer profits plummet by 63% last year, the retailer also cut marketing spend 13% over the same period. The store also cut ties with its ad agency, now called Y&R London, ending a 16-year relationship. At the start of May it launched its first television campaign produced with new agency Grey London.
The BBC is reporting that the British police are no longer sharing information on the Manchester bombing with their American counterparts who are being held responsible for the early leaking of the suspect's name and scene of crime photographs yesterday.
There's a year to go until the General Data Protection Regulation (GDPR) becomes law and according to The Drum, The Direct Marketing Association has some alarm research on preparedness. Half of companies surveyed believe they will be ready in time, but a quarter revealed they have yet to put together a GDPR plan.