Pharmaceutical giant GlaxoSmithKline is considering floating its standalone HIV drugs business ViiV in a move that would propel the business into the FTSE 100's top 40 companies with a market valuation of up to �17billion.
LONDON�Retail sales in the U.K. fell in September, a further sign that the country's economy may be losing some momentum. The volume of retail sales fell 0.3% for the month compared with August, primarily to unseasonably warm weather putting a damper ...
LONDON - Lloyds Banking Group may cut as many as 9,000 jobs, or about 10 percent of its work force, and close some branches as part of a reshaping of its business for the digital age, according to a person briefed on the discussions.
Rio Tinto Chief Executive Sam Walsh poses for photographers at the London Stock Exchange prior to delivering the company results February 13, 2014.
LONDON (Reuters) - Market expectations for the levels of interest rates needed to stabilise Britain's economy seem reasonable, Bank of England Deputy Governor Ben Broadbent said on Thursday.