Chancellor welcomes boost to Nottingham economy
Chancellor of the Exchequer, George Osborne visited Boots headquarters in Nottingham to see the work the company has been doing to support the next generation of healthcare companies at Medicity.
The Chancellor in his address to staff at the site, welcomed the announcement that three new firms have moved to MediCity, bringing the number of business on the site to 24.
Boots UK, established over 160 years ago in Nottingham, is a member of Alliance Boots, the UKs leading pharmacy-led health and beauty retailer. They employ over 62,000 people in 2,500 stores across the UK, and remain one of Nottingham’s largest employers.
The Alliance Boots site in Beeston falls within the Nottingham Enterprise Zone, and MediCity was the first new business to be opened on the site.
MediCity, a collaboration between Boots UK and BioCity, provides a stimulating and supportive business development environment for innovators in consumer healthcare, medical technology, diagnostics, and beauty products.
New companies are provided with the technical and commercial advice they need to develop and grow their ideas.
George Osborne said:
“Boots is a thriving British Brand, and it is great to see it extending its support to the next generation of healthcare companies at MediCity.
Britain is a world leader in the healthcare industry driven by companies like Boots UK, which is why this government will continue to support the sector as part of our long-term economic plan.”