GSK (GSK) confirms plans to invest over £500M ($792M) in its U.K. manufacturing, including in a...

|By:, SA News Editor

GSK (GSK) confirms plans to invest over £500M ($792M) in its U.K. manufacturing, including in a new factory in Northern England. While GSK's spending is a response to government plans to cut the level of tax on patent income, the firm warns that more investment will depend on "continued improvements in the environment for innovation."