Pfizer rejects UK for European HQ

Citing an unwieldy bureaucracy, Pfizer has opted against putting its European headquarters in the UK, opting instead to scatter the jobs that will be created throughout other EU countries. The decision was contained in a new report that harshly criticizes the country's bureaucracy for losing hundreds of millions of pounds in new development due to its slow response times.

- here's the report on Pfizer's decision from the Guardian