The Week: City news - TNS shares rise 12 per cent

Shares in the research company TNS rose 12 per cent after it rejected a £948 million offer from WPP.

The 230p-a-share offer was tabled four days after TNS and its rival company GfK said they were in discussions about a merger. After TNS rejected the offer in favour of continuing talks with GfK, the WPP chief executive, Sir Martin Sorrell, said: "While we continue to review our position, we encourage TNS shareholders to urge their board to engage with us rather than simply persisting on an exclusive basis with a 'nil-premium merger' arrangement with GfK."

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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).