AstraZeneca ditches £450m investment in UK plant

4 hours ago 2

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AstraZeneca has scrapped plans to put £450m successful expanding a vaccine manufacturing works successful Liverpool, blaming a simplification successful authorities support.

The pharmaceutical elephantine has announced its determination conscionable 2 days aft Chancellor Rachel Reeves acceptable retired Labour's program to spell "further and faster" to boost economical growth.

AstraZeneca said that aft "protracted" talks, a fig of factors influenced the move, including "the timing and simplification of the last connection compared to the erstwhile government's proposal".

The Treasury has been contacted for comment.

AstraZeneca said: "The tract volition proceed to nutrient and proviso our flu vaccine, for patients successful the UK and astir the world."

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