By Tim Bradshaw Published: March 4 2011 20:26 Advertising agencies had confounded the critics who said they would be eradicated by the recession and the internet, said Sir Martin Sorrell, the chief executive of WPP. “There is no complacency but a lot of people were forecasting that a lot of us would go out of business [...]

While other company bosses are mired in gloom, Maurice Lévy appears to relish the prospect of a sharp downturn engulfing his industry.  “It’s the type of situation that excites my neurons,” said the chief executive of Publicis, the world’s fourth-largest advertising group, in an interview with the Financial Times … more