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.... He was interviewed under caution as part of the SFO’s investigation but has since been told that he would not face further action. On top of the Tesco and Barclays cases, the SFO is still investigating the pharmaceutical firm GlaxoSmithKline, the planemaker Airbus and other major companies. ... [Read full article on Guardian ]
Monday 27th of March 2017 05:46:01 PM
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Latest Finance News related to GlaxoSmithKline

Tesco and Serious Fraud Office near to deal over accounting scandal image
Source : Guardian [Read Article] Monday 27th of March 2017 05:46:01 PM
.... He was interviewed under caution as part of the SFO’s investigation but has since been told that he would not face further action. On top of the Tesco and Barclays cases, the SFO is still investigating the pharmaceutical firm GlaxoSmithKline, the planemaker Airbus and other major companies. ...
New GlaxoSmithKline chief to earn 25% less than her predecessor image
Source : Guardian [Read Article] Tuesday 14th of March 2017 07:04:51 PM
. GlaxoSmithKline’s new chief executive, Emma Walmsley, will be paid 25% less than her predecessor, Sir Andrew Witty. ...
GSK needs no medicine despite talk of poor performance image
Source : Guardian [Read Article] Wednesday 8th of February 2017 07:49:04 PM
. If you had reinvested your dividends along the way, you would have enjoyed a 116% return on your money by owning GlaxoSmithKline shares in the nine years since Sir Andrew Witty became chief executive. ...
Sir Andrew Witty nears his last Glaxo goodbye image
Source : Guardian [Read Article] Sunday 5th of February 2017 07:00:07 AM
. So it’s farewell to Sir Andrew Witty, the boss of pharma group GlaxoSmithKline and one of the few businesses knights who hasn’t disgraced himself enough to have a campaign to strip him of his title. ...
Drugs firms are accused of putting cancer patients at risk over price hikes image
Source : Guardian [Read Article] Saturday 28th of January 2017 02:54:55 PM
....”. Among the drugs with price rises is melphalan for ovarian cancer, a drug invented by the UK company GlaxoSmithKline and then passed with a number of other cancer drugs that were going out of patent to Aspen Pharmaceuticals, a South Africa-based generics company, in 2009. ...
Dow Jones hits record high – is Trump good for stock markets? image
Source : Guardian [Read Article] Wednesday 25th of January 2017 03:18:04 PM
.... But there should be no shame in saying the investment implications are currently as clear as mud. Sir Philip Hampton, the chairman of GlaxoSmithKline and former chairman of Royal Bank of Scotland, offered an excellent argument the other day for why highly paid business folk should not get knighthoods. ...
Well-paid bosses should not get knighthoods – says Sir Philip Hampton image
Source : Guardian [Read Article] Tuesday 24th of January 2017 06:22:08 PM
....Knighthoods and other public honours should not be handed to highly paid businesspeople, one of the UK’s most respected company chairmen has told MPs. Sir Philip Hampton, who is chairman of pharmaceuticals group GlaxoSmithKline and was awarded his knighthood for public service, said businesspeople were rewarded with money, and that the honours system should be directed at those who do not benefit from big financial inducements. ...
Is the City of London going to hell in a Brexit handcart? image
Source : Guardian [Read Article] Thursday 19th of January 2017 07:41:32 PM
.... The intervention of ISS makes the vote on 1 February interesting. “Succession processes are challenging for everyone involved and, unfortunately, it is rare that all those involved stay with the company,” says Sir Andrew Witty, chief executive of GlaxoSmithKline. ...
London shares hit year's high at end of 2016 trading image
Source : BBC [Read Article] Friday 30th of December 2016 09:25:42 AM
....The FTSE 100 has benefited from the fall in the pound since the Leave vote, because the many international companies whose shares are traded in the UK tend to benefit from it. Profits earned abroad by multinationals such as drugs giant GlaxoSmithKline and major mining companies are worth more when converted into sterling. ...
Brexit, strikes and pay revolts: the year in business image
Source : Guardian [Read Article] Wednesday 28th of December 2016 06:00:27 AM
.... The London Stock Exchange and Deutsche Börse also announced a merger. Emma WalmsleyEven before she gets started as chief executive of GlaxoSmithKline, Walmsley is already being described as the most powerful woman in the FTSE 100. ...
GSK's Andrew Witty: the man who sold the world cheaper medicines image
Source : Guardian [Read Article] Friday 2nd of December 2016 07:00:09 AM
. When Andrew Witty became CEO of one of the biggest pharmaceutical firms in the world, GlaxoSmithKline, his industry was so unpopular that campaigners threw red paint at company stands during conferences to represent the blood of those who died because they could not afford medicines. ...
Business leaders challenge Theresa May's pay proposals image
Source : BBC [Read Article] Friday 25th of November 2016 03:19:54 AM
....The BIC is backed by leading companies, academics and consultancy firms. Contributors to its research include Sir Andrew Witty, chief executive of drugs giant GlaxoSmithKline, Prof Alex Edmans, a corporate governance expert at London Business School, and Vincent de Rivaz, chief executive of EDF Energy. ...
Drought, floods and water stress cost companies $14bn image
Source : Guardian [Read Article] Tuesday 15th of November 2016 05:01:07 AM
....More than half of companies said they had set targets and goals to better manage their water supply. UK pharmaceutical company GlaxoSmithKline reported it had met its target to cut the water used in its operations by 20% last year against 2010 levels. ...
GSK tops list of drug firms improving global access to medicine image
Source : Guardian [Read Article] Monday 14th of November 2016 09:35:03 AM
. GlaxoSmithKline has come top of a league table that monitors the availability of medicine in developing countries, with fellow UK drugmaker AstraZeneca making it into the top 10. ...
Business winners and losers from a Donald Trump presidency image
Source : Guardian [Read Article] Wednesday 9th of November 2016 04:25:51 PM
UK companies need more women on executive committees, says review image
Source : Guardian [Read Article] Tuesday 8th of November 2016 07:00:42 PM
....Britain’s top companies should ensure that more women make it on to executive committees as well as into boardrooms, a government-backed review has recommended. Companies listed on the FTSE 100 should have at least a third of their executive pipeline positions filled by women by 2020, the independent review led by Sir Philip Hampton, chairman of GlaxoSmithKline, and Dame Helen Alexander, chair of UBM, concluded. ...
GlaxoSmithKline sees profit surge on weak pound image
Source : BBC [Read Article] Wednesday 26th of October 2016 01:54:49 PM
. Pharmaceutical giant GlaxoSmithKline saw profits surge in the third quarter, aided by the recent fall in sterling and strong sales of its flu vaccines. ...
FTSE 100 soars as pound slides image
Source : BBC [Read Article] Tuesday 4th of October 2016 07:35:23 AM
....The FTSE 100 has benefitted from the fall in the pound since the Leave vote because the many international companies whose shares are traded in the UK tend to benefit from it. Profits earned abroad by multinationals such as drugs giant GlaxoSmithKline and major mining companies are worth more when converted into sterling. ...
GlaxoSmithKline names Emma Walmsley as chief executive image
Source : BBC [Read Article] Tuesday 20th of September 2016 06:38:45 AM
. GlaxoSmithKline has appointed Emma Walmsley, its current head of consumer healthcare, as its new chief executive. ...
Former Tesco directors charged with fraud over accounting scandal image
Source : Guardian [Read Article] Friday 9th of September 2016 11:35:32 AM
....The charges against Tesco executives come after the SFO asked the government for an extra £21m to help it keep pursuing complex cases, as it struggles with a string of investigations into high-profile cases and complex financial dealings including Libor and Euribor rigging. It is currently investigating allegations concerning Tata Steel, Airbus GlaxoSmithKline, Rolls-Royce and Barclays. ...
FTSE 100 down but pound rallies image
Source : BBC [Read Article] Thursday 1st of September 2016 12:03:31 PM
....5%. Vodafone, GlaxoSmithKline and Shell were among the biggest fallers, all dropping by between 2% and 3% in value. ...

Nurse 'most likely' developed sleep disorder narcolepsy after swine flu vaccine she had to take for work, coroner says
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....In 2013, lawyers launched a class action on behalf of 38 Britons - including 19 children - who developed narcolepsy after having the vaccine. Scientists from the former Health Protection Agency (HPA) said there was evidence of a link between the Pandemrix jab - manufactured by GlaxoSmithKline(GSK) - and narcolepsy in children. ...
Brexit latest image
Source : BBC [Read Article] Thursday 4th of August 2016 01:12:17 PM
....The world's biggest security firm, G4S, warned that the UK's workforce and economic growth might shrink, and one of Britain's biggest banks, Lloyds, has accelerated its job cuts, axing a further 3,000 posts - although it said it had made this decision before the referendum. Elsewhere Japan's Softbank said it was buying the UK microchip-maker ARM Holdings for £24bn, and would double the number of staff in five years, pharmaceuticals firm GlaxoSmithKline is investing £275m in the UK, while McDonald's is creating 5,000 new jobs. ...
GSK: UK still 'attractive' post Brexit as it invests £275m image
Source : BBC [Read Article] Wednesday 27th of July 2016 06:33:08 AM
. GlaxoSmithKline is to invest £275m to expand its UK manufacturing sites, saying the country remains "an attractive location" despite Brexit. ...

Who is Justine Greening? Meet the new Secretary of State for Education
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Source : Telegraph [Read Article] Tuesday 26th of July 2016 02:42:49 PM
....She went on to receive an MBA from the London Business School. She worked for several big firms, including Price Waterhouse Coopers and GlaxoSmithKline as as an accountant before her political career. ...

Mobile app allows GlaxoSmithKline to track patients in real-time arthritis study
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Related to :
Sterling’s silver lining: Five-minute guide to the falling value of the pound image
....“Around 70 per cent of company earnings are derived overseas and if sterling falls, say, 15 per cent these earnings are worth 15 per cent more when converted into pounds. ” This is good news for major international earners such as BP, GlaxoSmithKline, Royal Dutch Shell and Unilever, which have all seen their share prices rise significantly since the vote. ...
George Osborne's reassuring words fail to comfort the markets | Nils Pratley image
....5% yesterday – is that it is stuffed with multinationals that make most of their money in dollars, which suddenly buy many more pounds, the currency in which FTSE 100 share prices are quoted. The big winners from Brexit, in terms of sterling share prices, have been Shell, BP, GlaxoSmithKline, AstraZeneca, Unilever, Diageo and so on. ...
Seeking shelter image
Source : BBC [Read Article] Sunday 26th of June 2016 11:26:03 PM
.... Randgold Resources, which operates mainly in Africa, was up 14% on Friday, for example. Globally spread companies that make a lot sales abroad, like Unilever, GlaxoSmithKline and Rolls-Royce, for example, are also considered good stocks to cling to in choppy waters. ...
The post-Brexit financial world remains deeply uncertain image
Source : Guardian [Read Article] Friday 24th of June 2016 06:37:08 PM
.... US investors – and a few Europeans – made the currency adjustment and saw a relative bargain. Alongside the miners of African gold and Mexican silver, the big Footsie risers were all defensive dollar earners – the likes of microchip-maker Arm Holdings (up 6%) and pharmaceutical firm GlaxoSmithKline (up 4%). ...
Market reaction to Britain's leave vote: it could have been worse image
Source : Guardian [Read Article] Friday 24th of June 2016 10:24:00 AM
.... That is no consolation if your investments are concentrated in big banks (Barclays, Lloyds and RBS are down about 15%) or housebuilders (about 20%) but the FTSE 100’s international spread has softened the blow. The share prices of the likes of GlaxoSmithKline, a defensive stock that earns the bulk of its revenues in dollars, are broadly level – so far, at least. ...
Neil Woodford's Imperial Innovations stake tops 20% image
Source : Guardian [Read Article] Monday 13th of June 2016 10:11:07 AM
....The company has traditionally aimed its investment at health research but is branching out into technology. Early this year it signed a deal with the UCL technology fund and helped set up Apollo Therapeutics, a tie-up between GlaxoSmithKline and other drugs companies and Imperial College, UCL and Cambridge to speed up development of medicines. ...
Income star shines on: Five minute guide to investing in with Neil Woodford image
Source : Daily Express [Read Article] Sunday 12th of June 2016 04:30:00 PM
.... . His favoured holdings include pharmaceutical giants GlaxoSmithKline and AstraZeneca, tobacco stocks Imperial Brands and British American Tobacco, and other household names such as BT and Legal & General. ...
Prices, property, pensions: 30 EU referendum questions answered image
Source : Guardian [Read Article] Friday 10th of June 2016 12:53:56 PM
.... The effect of Brexit on markets is likely to be immediate and probably painful, but will it cause long-term damage?. Neil Woodford, whose £8bn fund has large stakes in leading British companies such as GlaxoSmithKline, BT and BAE Systems, says much of the debate over British exit is “bogus”. ...
GlaxoSmithKline slips on speculation of interest in US business image
Source : Guardian [Read Article] Thursday 2nd of June 2016 04:02:34 PM
. GlaxoSmithKline could be on the acquisition trail in the US, according to City traders. ...
The vineyard virgins giving English wine a sparkle image
Source : Guardian [Read Article] Sunday 29th of May 2016 11:01:17 PM
....Simpson and his wife, Ruth, “gave up the rat race” in 2002 and bought a 46-hectare estate and château in Languedoc. He had been commercial development director at the pharmaceuticals giant GlaxoSmithKline; she worked for the National Lottery. ...
AstraZeneca climbs after positive asthma treatment results image
Source : Guardian [Read Article] Tuesday 17th of May 2016 10:07:34 AM
.... Benralizumab is likely to be submitted to US and EU regulators in the second half of 2016 and, if all goes well, come to market next year. AstraZeneca hopes it will compete strongly with existing treatments from the likes of GlaxoSmithKline and Teva. ...
British business needs investment and vision. But most of all it needs purpose image
....The chief explanation is that it has become too hard for British companies to pursue purposed, rounded business strategies. That is the proposition at the core of tomorrow’s Big Innovation Centre Purposeful Company interim report, supported by more than a dozen companies (such as Kingfisher, GlaxoSmithKline, EY, Barclays, the Guardian Media Group and Infosys) as well as by other organisations including the Bank of England and Innovate UK. ...
Brexit ‘will put UK access to cutting-edge medicines at risk’ image
Source : Guardian [Read Article] Saturday 7th of May 2016 07:50:14 PM
....British people benefit at the earliest opportunity from the best medicines produced by “cutting-edge” research because the UK is part of the EU, 93 business leaders and organisations from the life-sciences industry say. The group, which includes executives from the top trio of companies – GlaxoSmithKline, AstraZeneca and Pfizer – says EU funding for research and Europe-wide regulations help produce new, more effective drugs more quickly. ...
Norwegian wealth fund to focus on executive pay at AGMs image
Source : Guardian [Read Article] Monday 2nd of May 2016 04:47:40 PM
....The remarks by Slyngstad come as a long list of London-listed companies prepare to hold their AGMs over the coming days, including Reckitt Benckiser, whose chief executive was paid £23m in 2015, double the amount the year before. Two banks, Standard Chartered and bailed-out Royal Bank of Scotland, along with Rolls-Royce, GlaxoSmithKline and hedge fund Man Group, are also holding meetings. ...
A tough gig for Sainsbury’s Coupe image
Source : Guardian [Read Article] Sunday 1st of May 2016 08:00:50 AM
.... Space constraints, presumably. Protests at GlaxoSmithKline’s annual meeting in London’s Queen Elizabeth II conference centre are nothing new – as anyone who owned shares during the tenure of former boss Jean-Pierre Garnier will recall. ...
Antiseptic gel to prevent infections in newborn babies gets EU approval image
....An antiseptic gel to help prevent umbilical cord infections in newborn babies, which was developed from a mouthwash, has been given the green light by European regulators. GlaxoSmithKline developed the product, called Umbipro, with the charity Save the Children for use in developing countries. ...
AstraZeneca focuses on cancer treatments as profits slide image
Source : Guardian [Read Article] Friday 29th of April 2016 09:00:18 AM
....”. Shareholder advisory firm PIRC has recommended investors vote against executive pay packages at AstraZeneca and its bigger British rival GlaxoSmithKline, which is holding its AGM next week, arguing that their incentive payments are excessive. ...
Shareholders urged to push for cheaper pneumonia drugs image
Source : Guardian [Read Article] Wednesday 27th of April 2016 08:22:34 PM
. Shareholders are being urged to use the annual general meetings of Pfizer and GlaxoSmithKline to put pressure on the companies to lower the price of their life-saving pneumonia vaccines. ...
Business news: TUI, Royal London, GlaxoSmithKline, Booker Group image
Source : Daily Express [Read Article] Thursday 31st of March 2016 08:45:00 PM
....--------------------------------------------------------------------------------------. GlaxoSmithKline has pledged to make it easier for generic companies in the world’s poorest countries to make cheap copies of its drugs. ...
GlaxoSmithKline to lower drug prices in poorer countries image
Source : Guardian [Read Article] Thursday 31st of March 2016 02:23:00 PM
. GlaxoSmithKline is taking action to make medicines more affordable in developing countries, including waiving patent protection for new drugs in the world’s poorest nations. ...
GSK to waive patents in poor countries image
Source : BBC [Read Article] Thursday 31st of March 2016 01:25:21 PM
. UK drugs manufacturer GlaxoSmithKline has said it will not file patents for its products in the world's poorest nations. ...
Boardroom pay under spotlight as City AGM season begins image
Source : Guardian [Read Article] Sunday 27th of March 2016 01:58:28 PM
....Succession planning is being closely watched too. GlaxoSmithKline, HSBC and Schroders are among companies that have announced changes at the top. ...
FTSE 100 ahead after mining rally image
Source : BBC [Read Article] Thursday 17th of March 2016 08:39:34 AM
....In the mining sector, shares in Anglo American and Glencore both jumped by more than 9%, as did Fresnillo. Shares in pharmaceuticals giant GlaxoSmithKline were down by 1%. ...
GSK chief Sir Andrew Witty to step down image
Source : BBC [Read Article] Thursday 17th of March 2016 07:35:33 AM
. GlaxoSmithKline chief executive Sir Andrew Witty is to retire from the pharmaceutical giant next year. ...
Stock market reaction to Morrisons' Amazon tie-up is hard to argue with image
Source : Guardian [Read Article] Monday 29th of February 2016 07:37:36 PM
.... Amazon is still behaving like a souped-up convenience store, but the full-line offer is surely coming. Sir Philip Hampton, the new-ish chairman of GlaxoSmithKline, has two big items to deal with this year. ...
FTSE-100 bosses to warn leaving EU will put UK economy at risk image
Source : Daily Express [Read Article] Sunday 21st of February 2016 07:01:00 PM
. Chairmen or chief executives from companies including Vodafone, GlaxoSmithKline, easyJet and BT Group are expected to be some of the signatories on a letter due to be published on Tuesday which will say a Brexit will “deter investment and threat jobs”. ...
Standard Life sounds Brexit warning image
Source : Guardian [Read Article] Friday 19th of February 2016 01:35:06 PM
....” He also highlighted buying opportunities for those investing for the next three to five years. A number of other prominent business figures, including the bosses of engine maker Rolls-Royce, pharmaceutical companies GlaxoSmithKline and AstraZeneca, have said Britain is better off inside the EU. ...
FTSE 100 ends winning streak, weighed down by mining and oil image
Source : Telegraph [Read Article] Thursday 18th of February 2016 06:30:01 PM
.... Banks and drug companies were among other significant fallers in the FTSE. AstraZeneca and GlaxoSmithKline went ex-dividend, meaning the companies have transferred divi payments to their shareholders. ...
Brexit could benefit UK economy, says £8bn fund manager image
Source : Guardian [Read Article] Wednesday 17th of February 2016 07:40:59 PM
....One of Britain’s most influential fund managers has said a British withdrawal from the EU would have no long-term negative impact on the UK economy and could even benefit it in the short term. Neil Woodford, whose £8bn fund has large stakes in leading British companies such as GlaxoSmithKline, BT and BAE Systems, said much of the debate over British exit was “bogus”. ...
Merlin poaches new finance director from Dechra Pharmaceuticals image
Source : Telegraph [Read Article] Tuesday 16th of February 2016 08:59:03 AM
...." . Ms Nesmes joined Dechra in 2013 from GlaxoSmithKline and has also worked for Caterpillar, ADP, Tetra Pak and John Crane. ...
Glaxo fined £37.6m for 'illegal behaviour' over Seroxat deals image
Source : Guardian [Read Article] Friday 12th of February 2016 10:30:32 AM
. GlaxoSmithKline has been fined £37. ...
Watchdog fines GSK £37m for paying to keep generic drugs out of UK market image
Source : Telegraph [Read Article] Friday 12th of February 2016 10:25:51 AM
. GlaxoSmithKline is considering an appeal after the UK’s competition watchdog fined the company more than £37m for allegedly paying drugs manufacturers millions of pounds to keep cheap generic medications out of the UK market. ...
GSK fined for deals with competitors image
Source : BBC [Read Article] Friday 12th of February 2016 08:42:58 AM
. Pharmaceutical firm GlaxoSmithKline (GSK) and some generics companies have been fined for being anti-competitive. ...
Sir Philip Hampton to lead campaign for more female executives image
Source : Telegraph [Read Article] Sunday 7th of February 2016 02:05:31 PM
. GlaxoSmithKline's chairman Sir Philip Hampton has been picked as the government’s new business equality tsar, appointed to run the campaign for firms to put more women in senior positions. ...
Sir Philip Hampton to lead push for more women in top jobs image
Source : Guardian [Read Article] Sunday 7th of February 2016 11:52:41 AM
....The government has appointed Sir Philip Hampton, one of Britain’s most highly regarded bosses, to push for more women in top management jobs at large companies. Hampton, the chairman of GlaxoSmithKline (GSK), will chair an independent review on increasing the number of female executives at Britain’s 350 biggest public companies. ...
Better together, maybe,  but the break-up calls continue to plague GSK image
Source : Telegraph [Read Article] Saturday 6th of February 2016 07:12:05 PM
. If Neil Woodford is serious about wanting to see GlaxoSmithKline broken up then he had better prepare for a long wait because Andrew Witty, the drug giant’s boss, is determined to resist such a dramatic move, at least for now. ...
AstraZeneca warns of declining profits image
Source : Guardian [Read Article] Thursday 4th of February 2016 01:46:14 PM
....7bn last year. Soriot also said Britain was better off inside the European Union than outside, echoing comments made by the GlaxoSmithKline boss, Sir Andrew Witty on Wednesday. ...
Brexit could slash sterling by 20%, warns Goldman Sachs image
Source : Guardian [Read Article] Thursday 4th of February 2016 09:50:07 AM
....It predicts that such an outcome would alarm foreign investors and put them off injecting capital into Britain, placing pressure on the current account deficit. Related: UK better inside EU, says GlaxoSmithKline chief. ...
GSK's turnaround will hinge on whether the drugs really do work image
Source : Guardian [Read Article] Wednesday 3rd of February 2016 07:30:47 PM
. GlaxoSmithKline’s chief executive, Sir Andrew Witty, won’t easily silence the calls for a breakup of the out-of-fashion pharmaceuticals, vaccines and toothpaste giant – but the company’s decent finish to 2015 should buy him some time to move at his own pace. ...
Bank of England would try to limit impact of a Brexit on UK economy image
Source : Guardian [Read Article] Wednesday 3rd of February 2016 07:00:31 PM
....But this is one of several factors the Bank is monitoring, Bailey said, arguing that “oil prices and emerging markets are in some ways much bigger issues”. Related: UK better inside EU, says GlaxoSmithKline chief. ...
GlaxoSmithKline boss: company is not headed for break-up... yet image
Source : Telegraph [Read Article] Wednesday 3rd of February 2016 04:33:44 PM
. GlaxoSmithKline’s chief executive has dismissed speculation that the company is headed for an imminent break-up after surprising the markets with better than expected full-year results. ...
UK better inside EU, says GlaxoSmithKline chief image
Source : Guardian [Read Article] Wednesday 3rd of February 2016 03:02:37 PM
. GlaxoSmithKline’s chief executive, Sir Andrew Witty, has waded into the EU referendum debate, saying that Britain is “much better off inside the EU than outside”. ...
New drugs bolster GSK's sales image
Source : BBC [Read Article] Wednesday 3rd of February 2016 01:13:46 PM
. GlaxoSmithKline reported buoyant sales of new drugs in the three months to December, helping to compensate for declines in older medicines. ...

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