Press Digest: British Business - December 9

Omnicom

09/12/2025 03:09

Dec 9 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

The Times

- WPP WPP.L has landed a contract worth up to 2 billion pounds ($2.67 billion) to manage the UK government's advertising campaigns after a competitive tender process to secure the four-year contract which was previously held by its American rival Omnicom OMC.N .

-  Magnum Ice Cream Company traded at 12.96 euros per share in its Amsterdam debut on Monday, implying a market capitalisation of 7.93 billion euros ($9.23 billion) as it finalised a long-awaited spinoff from Unilever ULVR.L

The Guardian

- European leaders rallied behind Volodymyr Zelenskiy on Monday night amid hopes they might finally achieve a breakthrough to allow Ukraine access to billions of pounds of frozen Russian assets.

The Telegraph

- The Bank of England has warned its near 6,000-strong workforce of job cuts as it seeks to fund an overhaul of its flawed economic forecasts.

Sky News

- International Connections Group, which provides advertisers with targeted print and digital solutions in sectors such as luxury hotels and funeral homes, is drawing up plansfor a listing which could be launched in the new year.

($1 = 0.7505 pounds)

($1 = 0.8588 euros)

 (Compiled by Bengaluru newsroom)

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