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Astrazeneca cancels £450m vaccine plant, blaming state funding cut

City A.M. Friday, 31 January 2025 ()
Astrazeneca cancels £450m vaccine plant, blaming state funding cutAstrazeneca has cancelled a planned £450m investment in a vaccine manufacturing plant in Merseyside, saying Labour have failed to match the previous government’s offer of funding. It sees the pharmaceutical firm scrap plans to expand its existing facility in Speke, as announced by then-chancellor Jeremy Hunt at last year’s March budget, as first reported by [...]
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