The Serum Institute of India will invest GBP 240 million in the UK to expand its vaccine business and set up a new sales office creating a large number of jobs, Downing Street has announced as part of plans for a GBP 1 billion India-UK Enhanced Trade Partnership creating around 6,500 jobs in Britain. The Pune-based vaccine manufacturer is among a list of nearly 20 Indian companies across sectors such as healthcare, biotech and software services to announce significant investment plans in the UK. It was also revealed that the Serum Institute of India (SII) has started phase one trials in the UK of a nasal vaccine against coronavirus.
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Meeting to preserve the pier
The pier was built in the mid-19th century and substantially reconstructed about 100 years later.
A new concrete section was built in late 2011, and there is growing pressure for the remaining wooden section to be kept for pedestrians.
News that the wooden section was under threat came in July 2020, when the Ports and Freight Minister Melissa Horne issued a media release headed Upgrading piers and jetties that included “the demolition of the inner section of the old Flinders Jetty in Western Port” (“Heritage pier faces partial demolition” The News 23/3/21).
Ms Horne was quoted as saying “We understand how important these piers are to their local communities so it’s vital for us to address the needs of residents and pier users”.
The British government has finalised GBP 1 billion worth of trade and investment with India, creating over 6,500 jobs in Britain, ahead of the virtual summit between UK Prime Minister Boris Johnson and his Indian counterpart Narendra Modi on Tuesday. The investments confirmed by Downing Street on Monday evening form part of an Enhanced Trade Partnership (ETP), which the two leaders will formally sign off during their talks. The ETP will set the ambition to double the value of UK-India trade by 2030 and declare a shared intent to begin work towards a comprehensive Free Trade Agreement (FTA). Like every aspect of the UK-India relationship, the economic links between our countries make our people stronger and safer, said Johnson.
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