01st February 2011

Pfizer to close UK research site

Drug maker Pfizer is to close its research and development (R&D) facility in Kent, which employs 2,400 people.

The move has raised concerns that the UK is losing highly-skilled jobs and about the private sector’s ability to absorb cuts in the public sector.

The Unite union said the roles were "exactly the sort of jobs we need to keep in this country".
Business Secretary Vince Cable said the firm’s decision was not about the UK as a location for pharmaceutical research.
Pfizer said the majority of staff would be made redundant over the next two years.
But it hopes to transfer several hundred positions to other sites or other companies doing work for Pfizer.
Click here to read the full BBC Article