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AstraZeneca should be nationalised: MP

Luton Labour MP Kelvin Hopkins has called for AstraZeneca to be nationalised to protect it from a hostile takeover.

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Pfizer promises "substantial presence in Cambridge"

Pharmaceutical giant Pfizer today promised it would have a "substantial presence in Cambridge" if its takeover bid for Astra Zeneca went ahead - but admitted jobs would have to go somewhere.

AstraZeneca is currently opposing the multi-billion pound bid, which could have implications for its proposed research development facility in the city.

Today members of Parliament's Business Select Committee had a chance to question the heads of both companies.

Click below to watch a report from ITV News Anglia's Matthew Hudson

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