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PM announces £200m Grangemouth site support fund

Sir Keir Starmer has announced a further £200m investment in the Grangemouth site.

The prime minister called the announcement an “investment in Scotland’s industrial future” when he addressed Scottish Labour’s conference in Glasgow. The money will go towards creating a new industrial purpose for the site.

The oil refinery, owned by Petroineos, is set to close by the summer with the loss of more than 400 jobs.

Scotland’s first minister, John Swinney, announced £25m of new funding in a statement to Holyrood last week and called for the UK government to invest more in the site.


BBC News

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