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AstraZeneca to invest £650mln in UK life sciences

Chancellor Jeremy Hunt also announced that British pharma giant AstraZeneca PLC (LSE:AZN) plans to invest £650 million in UK life sciences. Under levelling-up plans, AstraZeneca will develop a vaccine manufacturing facility in Liverpool. Further details are pending. The announcement came during Hunt's Spring Budget, where he also announced a £5,000 increase in ISA allowances through a ‘Great British ISA’ restricted to UK-listed stocks only. This brings the yearly tax-free allowance for ISA customers up to £ ...