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WPP’s Sir Martin Sorrell gives voice to ‘Brexit anxiety’

on Oct 31, 2016 | 0 comments

By John Glenday

WPP boss Sir Martin Sorrell has admitted he is suffering from a case of Brexit jitters despite reporting a healthy rise in third-quarter revenues of £3.6bn, a healthy 3.2% rise compared with last year and only marginally lower than the 3.5% growth rate enjoyed in the second quarter.

Beneath these headline figures Sorrell observed that UK revenues grew by just 2.1% over the third quarter, down from 3.5% in the second quarter – a decline described as possibly foretelling the ‘first signs of Brexit anxiety’.

Whilst sales were up in Sterling terms Sorrell dismissed this as ‘false gains’ won on the back Read full story ›

Source: The Drum