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Marketwatch.com cuts 15% of staff

31 May 2001

LONDON - Marketwatch.com, the San-Francisco-based online financial news company, is to cut about 15% of its workforce because of the slowing online advertising market.

Visa to consolidate US interactive business

31 May 2001

LONDON (Brand Republic) - Visa USA is to consolidate its interactive marketing account, currently split between BBDO Worldwide internet agency @tmoshere and troubled independent marchFirst.

Nation unaware of what stakeholder pensions deliver

31 May 2001 | by SUZY BASHFORD

Almost 60% of consumers do not know what a stakeholder pension is, according to this week's research for Marketing by Taylor Nelson Sofres. Male respondents fared slightly better than females, with only 52% not knowing what stakeholder pensions are compared with 66% of women. Around...

Barclays names media shortlist for pounds 22m review

31 May 2001

Barclays has confirmed the shortlist for its postponed review of media agencies, reportedly worth pounds 22m. MediaVest, the incumbent agency, will pitch alongside Publicis-owned Optimedia and Omnicom's OMD UK and a result is expected at the end of July. All agencies are on the Barclays...

MEDIA: NU pools sponsorship activity into MVI

31 May 2001 | by POPPY BRECH

Norwich Union has consolidated its sponsorship strategy and management for its Norwich Union and CGU brands into MVI Total Sponsorship. The five-year deal includes NU's sponsorship of the pounds 5m one-day Norwich Union cricket league, as well as a number of initiatives that have yet...

DIRECT: News in brief

31 May 2001

The Swinton Group has hired Millennium to spearhead the development of a new direct marketing division based in Norwich. The agency will focus on selling home and motor insurance direct and through Swinton's 260 high street branches.

ANALYSIS: Pensions providers keep quiet - With stakeholder pensions becoming a statutory workers' right, Suzy Bashford asks why providers aren't pushing their particular products more aggressively

31 May 2001 | by SUZY BASHFORD

It is not often that new products enter the financial arena. And even less so that they are relevant to the majority of the working population. But stakeholder pensions, which come into force by law on October 8, mark one of those rare moments. However, the arrival of these products has...

Carlton credit rating cut as extent of digital costs is realised

25 May 2001 | by Claire Billings

LONDON - ITV company Carlton has had its long- and short-term credit rating cut by credit agency Standard & Poor's, as the full financial impact its joint venture digital TV service is having on profits is realised.

Bradford & Bingley to review direct-marketing account

25 May 2001 | by IAN DARBY

Bradford & Bingley is reviewing its direct-marketing account after almost three years. The business, which has a budget of several million pounds, is currently held by Claydon Heeley Jones Mason, but the former building society is now talking to other agencies about the account....

HOTLINE: News in brief

25 May 2001

Inscape, the consumer wealth management company recently launched by Abbey National, has moved its creative account to Euro RSCG Wnek Gosper and WWAV Rapp Collins. Circus, which developed a pounds 1.5 million launch campaign earlier this year, will continue to work with Inscape on brand development.

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