by business editor Trevor Sturgess

East Kent faces the loss of nearly 14,000 jobs by 2018 without "bolder" Government action.

The combined impact of Pfizer's pullout from Sandwich, the decommissioning of the nuclear power station at Dungeness, and public sector job cuts could deal a devastating blow to the economy.

A preliminary assessment by consultants DTZ suggests that the setbacks will lead to the loss of around 13,700 jobs across East Kent by 2018.

The latest report by the Sandwich Economic Development Taskforce, chaired by Kent County Council leader Paul Carter, says that Pfizer's exit is a significant shock.

The decision by the pharmaceutical giant to withdraw from Kent after more than 50 years is likely to lead to the loss of an estimated 4,000 jobs. But further projected job losses make the situation even more serious.

The assessment is still at an early stage but is based on economic modelling using broad estimates of job losses. The taskforce says: "We are working ot provide a more robust analysis and a full assessment will be published in due course."

The Taskforce has urged the Government to back an enterprise zone at the site and Pfizer is known to be discussing outsourcing projects with staff and contractors who may be persuaded to stay or move in.

Cllr Carter called for a "bolder approach" from the Government, saying that urgent action was needed now. "Together, we have the potential to build a vibrant business centre at Sandwich," he said.

"But we must not let the window of opportunity close."