GlaxoSmithKline is planning to turn its HIV treatments into a standalone company floated on the stock market, where it could be high up in the FTSE 100 index.
LONDON (Reuters) - The Bank of England is only likely to raise interest rates gradually, as headwinds to growth and long-term downward pressures on borrowing costs pass, the central bank's deputy governor said on Thursday.
Foxtons Group Plc (FOXT) fell the most since last year's initial public offering after the real estate broker said a slump in London property deals will cause its full-year earnings to drop.
A damning report into the failed attempt to merge the Co-op Bank with the Lloyds branches codenamed Project Verde, that became what is now the TSB, has hit out on the mutual's auditors, regulators and former directors.
Unilever, the maker of Dove soap and Ben & Jerry's ice cream, reported its weakest rate of quarterly sales growth in five years after a sharp slowdown in China and a drop in sales in Europe.