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.
LONDON (Reuters) - Lloyds Banking Group's aborted attempt to sell hundreds of branches to the Co-operative Bank was not influenced by politicians, a committee of lawmakers said on Wednesday.
LONDON (Reuters) - Unilever (ULVR.L) (UNc.AS) posted its weakest quarterly sales growth in nearly five years on Thursday, as Europe's persistent woes and a slowdown in emerging markets including China crimped its performance.