LONDON (Reuters) - GlaxoSmithKline (GSK.L) cut its 2014 earnings outlook after sales fell by a worse-than-expected 13 percent in the second quarter as its all-important lung drugs struggled in the United States and a strong pound took a bite out of growth.
PayPal is to enter the online loans market in the UK for the first time. It will offer working capital to existing business customers, targeting small firms from the autumn.
LONDON (Reuters) - A profit warning by heavyweight drugs firm GlaxoSmithKline took the shine of Britain's top equity index on Wednesday, offsetting gains in outsourcing group Capita and miner BHP Billiton.
Mortgage approvals increased for the first time in five months in June as stricter rules around home loan applications started to bed in, according to lenders.
The ASA judged that the pyramid bag did allow the tea to move more freely, and therefore release more taste. Photograph: Convery flowers/Alamy.