Business & Economy
GSK shares dive as weaker vaccine sales and restructuring charges unnerve investors
Source: Business | The Guardian · Published
British pharma company reports declining profits amid concerns over looming patent loss for blockbuster HIV drug Business live – latest updates Shares in GSK slid on Wednesday despite the UK drugmaker reporting better than expected financial results, as investors were unnerved by
British pharma company reports declining profits amid concerns over looming patent loss for blockbuster HIV drug Business live – latest updates Shares in GSK slid on Wednesday despite the UK drugmaker reporting better than expected financial results, as investors were unnerved by weaker vaccine sales, restructuring charges and its overall outlook. Britain’s second-biggest pharmaceutical company reported a 19% decline in pre-tax profit to £1.9bn in the July to September quarter and £318m of restructuring charges, with more to come. Continue reading...
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British people react to the pedestrianisation of Oxford Street – video
London's Oxford Street has entered the first stage of pedestrianisation, with about a kilometre of the famous street being closed to traffic for good. The Guardian talked to visitors to hear their thoughts on Mayor Sadiq Khan's pedestrianisation plan Continue reading...
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