Skip to content
Subscriber Only

WPP’s Sorrell to Recommend Relocation of Tax Base to U.K.

WPP Plc Chief Executive Officer Martin Sorrell said he’ll recommend the world’s largest advertising company return its tax base to the U.K. from Ireland, following proposed cuts in Britain’s corporate tax.

“We’ve looked at small print and releases,” Sorrell said in an e-mail today. “Subject to draft legislation and enactment we will recommend a return to U.K. to board and shareowners.”