{"id":228798,"date":"2025-01-31T15:44:21","date_gmt":"2025-01-31T15:44:21","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/01\/31\/astrazeneca-ditches-450m-investment-in-uk-plant\/"},"modified":"2025-01-31T15:44:21","modified_gmt":"2025-01-31T15:44:21","slug":"astrazeneca-ditches-450m-investment-in-uk-plant","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/01\/31\/astrazeneca-ditches-450m-investment-in-uk-plant\/","title":{"rendered":"AstraZeneca ditches \u00a3450m investment in UK plant"},"content":{"rendered":"
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AstraZeneca has scrapped plans to invest \u00a3450m in expanding a vaccine manufacturing plant in Liverpool, blaming a reduction in government support. <\/p>\n

The pharmaceutical giant has announced its decision just two days after Chancellor Rachel Reeves set out Labour’s plan to go “further and faster” to boost economic growth. <\/p>\n

AstraZeneca said that after “protracted” talks, a number of factors influenced the move, including “the timing and reduction of the final offer compared to the previous government’s proposal”. <\/p>\n

The Treasury has been contacted for comment. <\/p>\n<\/div>\n

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AstraZeneca said: “The site will continue to produce and supply our flu vaccine, for patients in the UK and around the world.”<\/p>\n<\/div>\n<\/article>\n