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United Kingdom

Paul Sandle

New cancer drugs, China give AstraZeneca welcome sales boost

14 Feb 2019

Drugmaker AstraZeneca forecast a second straight year of sales growth on Thursday, driven by revenue from cancer medicines and other new treatments, lifting its shares.

Profits at GSK boosted by sales of shingles vaccine

06 Feb 2019

GlaxoSmithKline Plc forecast 2019 earnings above market expectations as sales of its new shingles vaccine boosted quarterly results, soothing concerns that Britain's largest drugmaker was running out of blockbuster products.

TalkTalk's customer acquisition costs to hit earnings

01 Feb 2019

LONDON British broadband provider TalkTalk said it would miss full-year earnings expectations due to the cost of acquiring new customers and different accounting standards, sending its shares down by 8 percent on Friday.

BT boss signs off with strong quarter

31 Jan 2019

LONDON BT Group's outgoing CEO Gavin Patterson said he was handing over a company with the momentum needed to see through a major restructuring and withstand pressures ranging from demands from regulators to aggressive competition in consumer broadband.

Ireland says 'no change' to Brexit backstop

27 Jan 2019

LONDON Ireland dealt a blow on Sunday to British Prime Minister Theresa May's attempts to break the deadlock over Brexit by saying it would not accept any changes to an agreement aimed at preventing a hard border on the island of Ireland.

Vodafone holds off deploying Huawei in core network due to security row

25 Jan 2019

LONDON Vodafone, the world's second largest mobile operator, said it was "pausing" the deployment of Huawei equipment in its core networks until Western governments give the Chinese firm full security clearance.

Burberry says would pay a high price for no-deal Brexit

23 Jan 2019

LONDON Britain's premier luxury brand Burberry said a no-deal Brexit would cost it tens of millions of pounds in tariffs and severely disrupt the movement of fabrics and finished products between its suppliers, manufacturing centres and stores.

Brexit backer Dyson moves vacuum giant's HQ to Singapore

22 Jan 2019

LONDON James Dyson, the billionaire Brexit supporter who revolutionised vacuum cleaners with his bagless technology, is moving his head office to Singapore from Britain to be closer to his company's fastest-growing markets. | Video

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