The latest Advertising Association/WARC Expenditure Report, published today, shows that the UK’s ad market recorded a 10.4% increase in investment to a total of £42.6bn in 2024. The latest dataset shows online formats, when combined, grew 13.2% last year with £4 in every £5 of ad budgets now spent online. New AA/WARC forecasts show advertising is expected to rise by 6.3% to reach £45.2bn in 2025. Further growth is forecast for 2026, with an anticipated rise of 5.6% lifting the UK ad market’s value to £47.8bn next year. April’s forecasts have seen…
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UK ad spend rose 9.7% to £10.6bn in Q3 2024
The latest quarterly data from the Advertising Association and WARC’s Expenditure Report show UK ad spend rose 9.7% to £10.6bn during the third quarter of 2024. This marks the first time ad spend has exceeded the £10bn barrier in Q3, largely attributed to improved performance for search and robust growth for other online formats. The UK advertising market is forecast to have grown by 11.2% overall in 2024, an upgrade of 0.6 percentage points (pp) from the October forecast, with full year spend expected to reach £40.7bn. Channels expecting to…
Read MoreLEAD Scotland Returns to Debate Advertising and Politics
LEAD Scotland returns on September 14, 2023 and will bring together over 200 senior leaders across the advertising and political landscapes with a unique focus on Scotland’s advertising industry and its role in the wider economy. LEAD Scotland will be held in partnership with STV and The Marketing Society and will tackle key themes including public trust in advertising, economic growth and sustainability, the power of Scottish culture on the world stage and more. The event will include an exclusive preview of the latest wave of the Advertising Association’s research…
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