It’s not a mystery
HMT is demanding savings from every department in a classic Excelitis way.
Anything which is uncommitted spend is first for the chop
It’s another stupid piece of self-harm like Winter Fuel payments.
https://www.theguardian.com/business/2025/feb/08/astrazeneca-whitehall-and-a-failed-450m-deal-for-the-next-generation-in-vaccines-what-went-wrong
HMT is demanding savings from every department in a classic Excelitis way.
Anything which is uncommitted spend is first for the chop
It’s another stupid piece of self-harm like Winter Fuel payments.
https://www.theguardian.com/business/2025/feb/08/astrazeneca-whitehall-and-a-failed-450m-deal-for-the-next-generation-in-vaccines-what-went-wrong
Comments
Good grief.
If I could drink I would :)
Can’t help but feel that there was unhelpful posturing on both sides.
Ah well, they can always make ket for the US market