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Vanessa Paradis to ‘receive £100million pay-off’ from ex-partner Johnny Depp.

Jimmy Carr admits ‘terrible error’ over taxes.

Return of the O-Level: Gove plans to scrap dumbed-down GCSEs and National Curriculum in the biggest revolution in education for 30 years.

WPP has sprung a surprise deal to acquire AKQA, the major independent digital agency with clients including Nike, Google and Unilever, for a sum understood to be worth $540m (£348m).

VisitBritain has signed sporting stars Boris Becker, Lennox Lewis and Colin Montgomerie to appear in the latest phase of its ‘Great’ campaign, in a move to capitalise on the UK’s involvement with sport.

MEC Manchester has been appointed to handle the BBC’s media planning and buying account for the Licence Fee and the broadcaster’s Marketing and Audience units following a competitive pitch.

If WPP’s embattled leader Sir Martin Sorrell were to leave over the shareholder revolt surrounding his near £13 million pay packet, it would be a “brilliant” thing, according to David Jones, global chief executive of rival network Havas and advisor to David Cameron.

Guardian News & Media has begun a complete overhaul of its 78-strong commercial team as it seeks to better serve agencies and advertisers with a more audience-led approach.

The company has hired John Dixon and Tom Yaeger to lead its premium finance lending group. Dixon was a division president and general counsel at First Insurance Funding Corp. Yaeger worked more than 20 years for AIG’s premium financing businesses, including 4 years as head of life insurance premium finance business.

The hedge fund firm has named Tim Peach as managing director and head of its operations in Asia Pacific, a spokeswoman for the $59 billion company told Reuters.

The U.S. private equity fund said it hired Neeraj Bharadwaj as managing director of its India investment team.

The bank appointed Archie Kane to the board as a non-executive director and governor-designate with immediate effect. Kane, who retired from Lloyds Banking Group Plc in May 2011, will succeed Pat Molloy as governor with effect from June 29.

The bank named Thomas Crystal U.S. head of High Yield Sales. Crystal, who joins from RBS Securities Inc, will be based in New York City and report to Cary Goodwin, head of U.S. credit sales.

The bank named Alexandre Huet global head of Strategic and Acquisition Finance effective immediately. He replaces Jean-Marc Giraud who was appointed head of the inspection and audit division at group level.

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