Stevenage Faces Economic Shift as GSK Moves 1,800 Staff to Cambridge
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Paul Jamison, a local pub-goer, expresses concern over the impact of GSK Plc's departure from Stevenage, where it has been the largest employer. The drugmaker is relocating its research headquarters, leaving the town's economy uncertain.
With GSK's exit, the future of the local workforce, comprising 1,800 scientists and support staff, is in jeopardy, prompting fears of a potential economic downturn in the area.
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“Nursing a pint at a pub a short walk from GSK Plc’s research headquarters in Stevenage, 30 miles north of London, Paul Jamison is fretting about the British drugmaker’s campus becoming a wasteland.”
Bloomberg — Stevenage Braces for Life After GSK as Drugmaker Moves to Cambridge