AGENCY: MBO MD Alison Meadows and finance director Anne Marchini have led a management buyout - alongside design creative director Richard Bland, board account director Gareth Brookman and advertising creative director Dale Haste - at Cambridge-based agency Ware Anthony Rust. They acquired the shareholding of Robert Ware, who has stepped down as chairman.

City PR firm M: Communications has snapped up Penrose Financial founding partner Louise Hatch as a consultant to expand into financial services PR.

Hatch left her post as head of retail financial services at Penrose last November, six years after founding the firm with three others. Hatch - who joined the agency this week - said she brought financial product experience to M: Communications.

'There are very few companies that can do group as well as product PR; many people can do one but not both,' she said.

Hatch arrives at M: Communications with 14 years' experience in financial services PR, having started at Hill Murray in 1991, which later became Ludgate Communications.

Also joining M: Communications as a consultant is Penrose senior account manager Tilly von Twickel.

Before Penrose, von Twickel worked with M: Communications founders Hugh Morrison and Nick Miles at Financial Dynamics.

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