Hotline: Omnicom's profits increase

Omnicom's profits increased by 4.4 per cent to $827.7 million (£513 million) last year after a 7 per cent rise in revenue on 2009.

The holding company reported worldwide revenue of $12.5 billion in 2010, up from $11.7 billion in 2009. UK revenue hit £1.1 billion, up 4.3 per cent year on year.