The 100-Year Life Health Education and Government
Pascal Soriot, CEO of AstraZeneca, has denied falling out with the UK government after scrapping a £450 million vaccine plant expansion in Liverpool.
“We needed a certain level of support to make this economically viable,” he said. “And that was not possible for the government to justify, which we totally understand.”
Keir Starmer had reportedly offered £80 million in funding, £10 million less than the previous government.
Mike Storey, a Lib Dem peer who previously served as leader of Liverpool City Council, said he feared the government was not "putting Liverpool and Merseyside high on its growth agenda".
In 2023, AstraZeneca said it overlooked the UK for a £320 million drug factory because of its “discouraging” tax regime.
