AstraZeneca has threatened to relocate its vaccine manufacturing site on Merseyside to Philadelphia amid a deadlock in negotiations with the Labour government over plans to cut state aid to the project, Anna Gross of The Financial Times reports. Chancellor Rachel Reeves wants to reduce to the amount of support provided with the company, planning to cut a pledge made by the last Conservative administration from GBP 90M to GBP 40M, according to people briefed on the government’s thinking.
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