AstraZeneca ditches UK investment over cut in state support

4 days ago · AstraZeneca on Friday scrapped plans to invest 450 million pounds ($558.3 million) in its vaccine manufacturing plant in northern England, citing a cut in British government support.

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AstraZeneca Ditches UK Investment Over Cut In State Support

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4 days ago · AstraZeneca on Friday scrapped plans to invest 450 million pounds ($558.3 million) in its vaccine manufacturing plant in northern England, citing a cut in British government support.

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AstraZeneca Ditches £450m Investment In UK Plant - BBC News

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4 days ago · AstraZeneca has scrapped plans to invest £450m in expanding a vaccine manufacturing plant in Merseyside, blaming a reduction in government support. The …

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AstraZeneca Scraps £450m Vaccine Plant In Liverpool After Labour ...

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5 days ago · AstraZeneca has cancelled plans for a £450m vaccine manufacturing plant in Liverpool, blaming a cut in funding from government. The investment, announced last year in …

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AZ Scraps £450M Vaccine Plant Expansion In The UK

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4 days ago · AstraZeneca pledges £650M in UK investments to boost vaccine capabilities, expand near HQ This is hardly the first time AstraZeneca has bristled at the U.K.’s business …

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AstraZeneca Scraps Plan To Expand Vaccine Plant In The UK In Blow …

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5 days ago · Pharmaceutical company AstraZeneca on Friday cancelled a planned 450 million-pound ($560 million) investment in a vaccine manufacturing plant in northwest England, …

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AstraZeneca Scraps $558 Mn UK Investment Plans Citing Cut In …

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4 days ago · AstraZeneca on Friday scrapped plans to invest 450 million pounds ($558.3 million) in its vaccine manufacturing plant in northern England, citing a cut in British government …

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AstraZeneca Scraps UK Vaccine Plant In Blow To Government

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4 days ago · Pharmaceutical powerhouse axes £450 million investment at Speke after frustration with Labour’s handling of the process

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AstraZeneca Ditches UK Investment Over Cut In State Support

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5 days ago · LONDON (Reuters) -AstraZeneca on Friday scrapped plans to invest 450 million pounds ($558.3 million) in its vaccine manufacturing plant in northern England, citing a cut in …

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AstraZeneca Cancels UK Plant After Subsidies Cut

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3 days ago · BRITISH pharmaceutical giant AstraZeneca said on Friday (Jan 31) that it was abandoning plans to build a £450 million (S$756.9 million) vaccine plant, a major blow to the …

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AstraZeneca Ditches Plan To Build $558 Million UK Vaccine Plant

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LONDON (Reuters) -AstraZeneca is no longer pursuing plans for a 450 million pound ($558.32 million) vaccine manufacturing plant in Speke, Liverpool, a company spokesperson said on …

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AstraZeneca Scraps Plan To Expand Vaccine Plant In The UK In Blow …

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4 days ago · LONDON (AP) — Pharmaceutical company AstraZeneca on Friday cancelled a planned 450 million-pound ($560 million) investment in a vaccine manufacturing plant in …

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AstraZeneca Scraps GBP450 Million Investment In England Vaccine ...

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4 days ago · AstraZeneca Shelves Plan to Build $559-Million U.K. Vaccine Plant, FT Says Citing Sources Jan. 31: DJ AstraZeneca Cancels Plan for $558 Million Investment in UK Vaccine …

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AstraZeneca Ditches UK Investment Over Cut In Government …

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LONDON (Reuters) -AstraZeneca will no longer invest 450 million pounds ($558.3 million) at its vaccine manufacturing plant in northern England, the company said on Friday, citing a …

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AstraZeneca Terminates Plan To Build $558 Million UK Vaccine Plant

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4 days ago · (Reuters) - AstraZeneca is no longer pursuing plans for a 450 million pound ($558.32 million) vaccine manufacturing plant in Speke, Liverpool, a company spokesperson said on …

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AstraZeneca Ditches UK Investment Over Cut In State Support - MSN

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LONDON (Reuters) -AstraZeneca on Friday scrapped plans to invest 450 million pounds ($558.3 million) in its vaccine manufacturing plant in northern England, citing a cut in British …

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AstraZeneca Cancels Plan For $558 Million Investment In UK …

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4 days ago · AstraZeneca Shelves Plan to Build $559-Million U.K. Vaccine Plant, FT Says Citing Sources 11:23am: DJ AstraZeneca Cancels Plan for $558 Million Investment in UK Vaccine …

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FAQs about AstraZeneca ditches UK investment over cut in state support Coupon?

Why did AstraZeneca scrap 450 million pound plans?

AstraZeneca on Friday scrapped plans to invest 450 million pounds ($558.3 million) in its vaccine manufacturing plant in northern England, citing a cut in British government support. ...

Why did AstraZeneca cancel a £450m manufacturing plant?

The Financial Times leads with the news that pharmaceutical giant AstraZeneca has cancelled a £450m manufacturing plant in the UK after "months of wrangling over state support for the project". The paper says Prime Minister Sir Keir Starmer wanted to reduce the £90m in public money that had been promised by the previous government. ...

Why did AstraZeneca cut the government grant offer?

The most notable among those was the Anglo-Swedish drugmaker's $2 billion spending proposal on research and development and manufacturing plants in the United States. Britain's finance ministry said a change in "the make-up" of the investment originally proposed by AstraZeneca had led to a reduced government grant offer being made. ...

Why did the UK invest in AstraZeneca?

The previous government said the investment would have given the UK's life sciences sector a boost as well as improving public health protection and pandemic preparedness. AstraZeneca became particularly prominent during the coronavirus pandemic, when it partnered with Oxford University to create one of the vaccines. ...

Why did AstraZeneca invest in Speke?

The money would have expanded an existing site in Speke and was hailed at the time as a "vote of confidence" in Liverpool and the UK's life science sector. The AstraZeneca spokesperson said that the Speke site "will continue to produce and supply our flu vaccine, for patients in the UK and around the world". ...

Does astrazenec still operate in Speke?

In a blow to Treasury chief Rachel Reeves at the end of a week when she trumpeted the government's plans to bolster British economic growth and make the country more attractive to international investors, AstraZeneca said it will no longer expand its facility in Speke, near Liverpool. Representational image | Image: AstraZenec ...