Advertising and marketing services giant WPP has sold a freehold property at 285 Madison Avenue in New York for 189.25m dollars .
The property has been the worldwide headquarters of Young & Rubicam Inc (Y&R), the global marketing communications company, since 1926 and was acquired as part of WPP's purchase of Y&R in 2000.
In 2013, Y&R will be moving to its new headquarters at 3 Columbus Circle, New York.
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Should you invest in UK equities?The FTSE 100 hit a record high this week, but UK equities remain unloved and undervalued compared to their global and US peers. Should you snap them up at a discount?
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State pension errors: DWP urged to check for mistakes among divorced peopleFormer pensions minister Steve Webb says there are a high number of divorced women on low state pensions. Now MPs want the DWP to check if there were any errors in “potentially underpaying men and women who are divorced”.
