Wheel, the new-media agency, which was created by the merger of
Pres.co and Foresight last year, is to demerge, despite recently
unveiling its new corporate brand. The two agencies never moved into the
same offices. Foresight will regain its original brand and will continue
to operate from its Kensington base. The Clerkenwell office will
continue to exist as Wheel and both agencies will still be owned by the
parent company, Primecom.