There was no slowing Carat down last year, they followed up a very successful year with a huge 2013. Ad Age chose Carat as the Media Agency of the Year because of their ability to kick on, they increased revenue by 20% and recruited top talent 2013, while still securing new accounts and managing their huge General Motors account.

Carat Global President Doug Ray said: "After winning so much business last year we could have gotten distracted by trying to absorb the business and being too internally focused, the goal was to avoid distraction by hiring and "scaling operations."

GroupM agency MediaCom has announced the retention of its second-largest UK account after winning a three-way pitch for media planning and buying.

Following the completion of their historical £3.2bn merger with Dentsu last week, Aegis have announced a major client win in the form of luxury fashion label Burberry.

Japanese media giant Denstu have at last completed their £3.2bn takeover of Aegis and have announced the formation of Denstu Aegis Network in London.

One of the UK's leading advertising agencies has predicted a rise in global ad spend in 2013, building upon an improved 2012 and revising previously lower expectations.

Digital media monolith Aegis has completed the purchase of the Dublin-based agency to become part of its re-branded Isobar team.

Japanese giant Dentsu's £3.2bn takeover of media giant Aegis has been delayed until 2013 due to a patient and thorough clearance procedure by the Chinese ministry.

Digital media giant Aegis, who recently acquired iSpy Marketing agency, has reported revenues of £596.8m in the first half of the year, up from £519m in 2011.

Per multiple media outlets, iProspect of the Aegis group has purchased iSpy for an undisclosed amount, with Aegis claiming: "the acquisition would help iProspect's search billings rise from more than £100m in 2010 to more than £150m."