Day: November 13, 2024

UK News: Britain’s biggest pharmaceutical company raises 2024 profit forecast and announces $3.5bn US investment

* Business live – latest updates

AstraZeneca has said that the drugmaker is taking investigations by Chinese authorities into its business in the country “very seriously” and will “fully cooperate” with them.

Authorities are thought to be investigating the importation of two cancer treatments manufactured by Britain’s biggest pharmaceutical company into China. Continue reading…
http://dlvr.it/TG8k18

Health secretary steps up opposition to mooted reform, saying it would have ‘resource implications’ for other services

Wes Streeting, the health secretary, has said that passing a bill to allow assisted dying would limit the ability of the NHS to provide other services.

In comments that mark a significant escalation of his opposition to the bill, the health secretary told Times Radio this morning:

[Assisted dying] would be a big change. There would be resource implications for doing it. And those choices would come at the expense of other choices.

Yep. To govern is to choose. If parliament chooses to go ahead with assisted dying, it is making a choice that this is an area to prioritise for investment. And we’d have to work through those implications. Continue reading…
http://dlvr.it/TG8jtl

Decision puts 2,000 jobs at risk overall as part of ‘streamlining’ plans that will include £250m pay increase

The Post Office plans to close 115 branches and says about 2,000 jobs are at risk as part of a plan that will see post office operator pay increase by £250m over the next five years.

The Post Office confirmed on Wednesday that it is seeking to offload 115 branches that it currently centrally owns, known as crown post offices, but said it expects to maintain the total network at 11,500 branches across the UK. Continue reading…
http://dlvr.it/TG8jtM