Answer from Hansard

The Prime Minister

I am proud that Labour is investing in life sciences. I thank my hon. Friend for championing that project for over a decade. The national wealth fund is designed to co-invest, alongside private investors, and Ministers are happy to discuss those proposals with her. Today I can announce a significant new investment by AstraZeneca, which is investing £300 million in UK life sciences, made possible by the pharmaceutical arrangement that we have struck with the United States to future-proof thousands of jobs in Macclesfield and Cambridge. That is a major vote of confidence in the UK and Labour’s plans to strengthen our economy.