Trust announces decision regarding Hanley Grange

17 July 2008

The Wellcome Trust was approached by Jarrow Investments Limited to consider becoming a partner in the Hanley Grange eco-town submission.

The Trust has given very careful consideration to the approach and has decided not to proceed with this proposal.

The Wellcome Trust owns around 270 acres of land on the Hanley Grange site.This forms part of the Trust's overall investment portfolio from which it funds medical research to improve human and animal health, both in the UK and internationally.

Contact

Katrina Nevin-Ridley
Head of Media
Wellcome Trust
T +44 (0)20 7611 8540
E k.nevin-ridley@wellcome.ac.uk

Notes for editors

1. The Wellcome Trust is the largest charity in the UK. It funds innovative biomedical research, in the UK and internationally, spending around £600 million each year to support the brightest scientists with the best ideas. The Wellcome Trust supports public debate about biomedical research and its impact on health and wellbeing.