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WPP Group - Group Chief Executive Interview.

Publication: Finance Wire

Publication Date: 27-NOV-06
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COPYRIGHT 2006 Voxant, Inc.

Original Source: CNBC/DOW JONES BUSINESS VIDEO

ROSS WESTGATE, CNBC ANCHOR: Now cabinet ministers and business leaders from the world`s biggest companies are in London for the annual Confederation of Business Industry (INAUDIBLE). Topping the agenda at the two-day meetings will be investment and business with India and China. Joining us for more, Sir Martin Sorrell, group chief executive at WPP.

Sir Martin, nice to see you again. The CBI have also launched this.

SIR MARTIN SORRELL, GROUP CHIEF EXECUTIVE, WPP GROUP: Good to see you, Ross.

WESTGATE: Nice -- launched this report that says companies in Britain are thinking of getting out because they are complaining about the environment and high taxes. Is that something new or is that just an old story, companies always complain about that?

SORRELL: No. Not always. I`m not so sure about the environment, Ross. But certainly on the tax side it is something that worries us at WPP as well. And we have seen over the years a number of U.S. companies, and, indeed, international -- multinational companies relocate their overseas operations, for...

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