GSK reported a 5% increase in third-quarter sales on Wednesday, driven by strong growth in specialty medicines, as the pharmaceutical giant reaffirmed its full-year guidance.
Standard Chartered lifted its full-year income and return guidance on Wednesday as it posted better-than-expected third-quarter profit.
LONDON PRE-OPEN The FTSE 100 was expected to open 25. 7 points lower ahead of the bell on Wednesday, after wrapping up the previous session 0. 75% weaker at 10,686. 54.
London stocks were set to fall at the open on Wednesday as investors eyed Chancellor John Healey’s first Autumn Budget and the latest policy announcement from the Federal Reserve.
The government’s plan to fund a multibillion-pound nuclear plant at the Sizewell site in Suffolk represents a “terrible deal” for the UK taxpayer over the rest of the century, according to the government’s spending watchdog. MPs on the public accounts committee (PAC) have warned the government that the cost of the Sizewell C nuclear reactor could spiral to almost £48bn, leaving bill payers on the hook to provide an extra £9. 8bn to construct the plant before 2040 and a further £12bn over its 60-year operating life.
