Advertising giant WPP relegated from FTSE 100 after nearly 30 years

WPP has been relegated from the FTSE 100 after nearly 30 years, as the advertising multinational struggles to stem an exodus of clients and match the artificial intelligence and data capabilities of rivals.The market valuation of WPP, once the world’s largest advertising group, has plummeted from about £24bn in 2017 to £3.1bn.The company’s share price has plunged by two-thirds this year and it has been relegated from the blue chip index after a quarterly reshuffle, confirmed when stock markets closed on Wednesday afternoon.British Land, which was the most valuable company in the FTSE 250, was promoted to the FTSE 100 to take the spot vacated by WPP

Post Office avoids fine over leak of wrongfully convicted operators’ names

The Post Office has avoided a fine over a data breach that resulted in the mistaken online publication of the names and addresses of more than 500 post office operators it had been pursuing during the Horizon IT scandal.The Information Commissioner’s Office (ICO) has reprimanded the Post Office over the breach, in which the company’s press office accidentally published an unredacted version of a legal settlement document with the operators on its website.The ICO said the data breach in June last year involving the release of names, home addresses and operator status of 502 out of the 555 people involved in the successful litigation action against the Post Office led by Sir Alan Bates had been “entirely preventable”.“The people affected by this breach had already endured significant hardship and distress as a result of the IT scandal,” said Sally Anne Poole, the head of investigations at the ICO.“They deserved much better than this

Doom, gloom … and Belle Gibson? The top Google searches in Australia in 2025

We may, indeed, be living in the end of times, with natural disasters, death and politics dominating Google searches in Australia in 2025.Cyclone Alfred was the number one overall Google search term by Australians in 2024, according to the annual search results list released by the tech company on Thursday.It was followed by American political activist Charlie Kirk, who also topped Wikipedia’s list of the year’s most-read articles after being fatally shot in September, and in third place was Australian federal election 2025.When we weren’t voting or doomscrolling, we were watching television. Belle Gibson, the Australian wellness scammer and subject of the hit show Apple Cider Vinegar, made it into the overall top 10 list, as did serial killer Ed Gein from the series Monster

Amazon and the tightening grip of capitalism | Letters

Yanis Varoufakis argues that Amazon marks a shift to “technofeudalism”, claiming its ownership of digital infrastructure forces capitalists, governments and users to pay it economic rents (How Amazon turned our capitalist era of free markets into the age of technofeudalism, 27 November). This rests on an idealised view of capitalism. Early capitalism saw similar dynamics: the East India Company, backed by the British state, controlled trade routes, exploited resources and wielded political power, enabling it to charge above-market prices for commodities such as tea and spices.In Capital, Karl Marx noted that English landlords helped establish capitalism by dispossessing peasants and commodifying land. They earned monopoly rents from their exclusive control of this productive resource – a portion of surplus value originally created by exploited labour and first appropriated by industrial capitalists before being transferred to landowners

Maro Itoje eyes World Cup glory after England dodge big guns in 2027 draw

Maro Itoje has set his sights on Rugby World Cup glory in Australia in 2027 after England were handed a ­potentially favourable path through the tournament when the draw was made in Sydney on Wednesday.England, who have risen to third in the world rankings after an 11-match winning streak, emerged on the other side of the draw from the reigning world champions, South Africa, the three-times winners New Zealand and France.England are in Pool F with Wales, Tonga and Zimbabwe at the expanded 24-team event with Italy, Australia, Ireland and Argentina possible opponents in the last 16 and beyond.“Our ambition is to do very well and win this tournament,” Itoje, the England captain, said. “But to do that we know we have to make sure we get our preparation right and the next two years leading to the World Cup is massive

Cummins conundrum is key as Australia try not to overthink tactics

Will the captain return? Will Nathan Lyon play? Who will open? Ashes hostilities are renewed and the hosts don’t need to ask too many questionsAt last, at long last, an Ashes series is about to start. It feels that way, anyway, after so many months of lead-up, such an eternal blur of preview and prediction and preamble, were supposed to reach their end – only to find that the end was instead a momentary interruption, a hiccup, an indigestion-dream of a Test from Perth, a contest done in the span of 31 hours, leaving everyone to return to punditry and prognostication for a further 11 blasted and benighted days.We are, for pity’s sake, in a discussion cycle about Ben Stokes correctly applying a bike helmet while not on a bike, or Steve Smith correctly applying eye-black stickers in his Tim Tebow tribute act, or the archaeologically uncovered fact that Australian teams have a good record at the Gabba. Like farmers waiting for the rains, we are praying for play to start to let us talk about something that has happened, rather than something that might. Even the day-night format means another wait, four more hours than would usually be the case before the balm of the first ball