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PM announces £200m Grangemouth site support fund

  • Keir Starmer has pledged £200 million in UK Government funding for Grangemouth, as stated during his speech at the Scottish Labour conference in Glasgow.
  • SNP First Minister John Swinney pledged £25 million from the Scottish Government to support the future of the Grangemouth site last week.
  • Petroineos announced its decision to cease refining operations at Grangemouth in November 2023, leading to the loss of jobs and political controversy.
  • Starmer criticized the previous Conservative Government for not acting sooner and indicated that the funding will come from the National Wealth Fund.
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GOV.UK broke the news in United Kingdom on Sunday, February 23, 2025.
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