The Week: City news - Creston profits up by 25%

Creston, the marketing services group, has reported a 25 per cent rise in pre-tax profits to £9.6 million and claims it has yet to feel the effects of the economic slowdown.

The holding company owns a range of marketing services businesses including Delaney Lund Knox Warren & Partners, Tullo Marshall Warren and the market research companies ICM and CML. Its revenues for the year ending 31 March were £80.5 million, up by 16 per cent year on year. The group said: "Despite the current pessimism among economic commentators, we have yet to feel any tangible effects."