It has issued profit warnings in recent weeks and revealed a £30m tax bill.
The announcement sent shares in the UK pharmaceuticals company up as much as 25% in morning trading.
Its shares rose by 6% following the release of its half year results.
Pharmaceuticals giant GSK is to take full control of a joint venture which owns Sensodyne toothpaste, Panadol headache tablets and Nicotinell patches.
BT has been hit with a £42m fine from regulator Ofcom and has set aside £300m to repay providers for delays in installing high-speed lines.
Ratings agency Moody’s said new car registrations were likely to fall 5.5% in 2018, making the UK the “worst performing” market of any big European economy.
Two members of the Bank of England’s nine-member Monetary Policy Committee backed an increase in rates to 0.75%.
Shares fell by as much as a third before recovering to be 20% lower at 47p, valuing the company at less than £50m.
Inflation fell from 3% to 2.7%, the lowest figure since July 2017.
Shares in Micro Focus International have halved after it warned of a sharper than expected fall in revenues and its chief executive resigned.