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Insider UK
Insider UK
Science
Paul Cargill & Peter A Walker

Axed Covid vaccine contract cost taxpayers £358 million

A biotechnology company which had its contract to make Covid vaccines cancelled by the UK Government still received £358m of taxpayers’ money.

French firm Valneva was supposed to manufacture more than 100 million vaccines at its site in Livingston, but the contract was axed by ministers in 2021.

The government said it pulled out of the deal at the time because the company had breached the terms of the agreement, but this was denied by Valneva.

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