NEWS: New PHD faces pounds 6m challenge with First Direct media review

First Direct is gearing up to review its pounds 6 million media account out of Pattison Horswell Durden.

First Direct is gearing up to review its pounds 6 million media account

out of Pattison Horswell Durden.



The rethink is understood to have been prompted by a number of factors,

notably the decision of the fellow PHD client, the Prudential, to branch

out from life insurance and into direct banking.



The move this autumn will make it a head-on competitor to First Direct.



The review has been given added impetus by Abbott Mead Vickers BBDO’s

decision to purchase PHD to form New PHD (Campaign, last week). AMV

already handles the Prudential’s creative account, so the business will

now effectively be handled on a full-service basis.



The First Direct creative account, which is handled by WCRS, is believed

to be unaffected by the review.



Mike Phillipson, advertising manager at First Direct, and David

Pattison, managing partner of PHD, declined to comment.



Separately, Andrew Rob-ertson, the managing director of AMV, made it

clear this week that New PHD will be forced to resign its Lil-lets

account if a solution to the potential conflict with AMV’s Tambrands

business cannot be found.



Robertson commented: ‘Tambrands is the priority client. If it comes to

the push, Lil-lets will have to go.’



Become a member of Campaign from just £46 a quarter

Get the very latest news and insight from Campaign with unrestricted access to campaignlive.co.uk ,plus get exclusive discounts to Campaign events

Become a member

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now

Partner content

Share

1 Job description: Digital marketing executive

Digital marketing executives oversee the online marketing strategy for their organisation. They plan and execute digital (including email) marketing campaigns and design, maintain and supply content for the organisation's website(s).