Starmer announces ‘huge opportunity’ for Grangemouth with £200 million boost

Starmer announces ‘huge opportunity’ for Grangemouth with £200 million boost
Share:
Starmer announces ‘huge opportunity’ for Grangemouth with £200 million boost
Author: Katrine Bussey
Published: Feb, 23 2025 12:20

Summary at a Glance

His comments came after he told supporters at his party’s conference in Glasgow that Labour would “grasp the opportunities at Grangemouth, work alongside partners to develop viable proposals, team up with business to get new industries off the ground and to attract private investors into the partnership we need”.

Prime Minister Sir Keir Starmer has announced £200 million to help secure a new future for the Grangemouth oil refinery ahead of its closure later this year.

In addition to this he said a “comprehensive package” would mean that every worker made redundant will receive 18 months full pay, and could also benefit from skills and training being provided as part of a scheme funded by the UK Government with up to £10 million.

But Sir Keir said there was a “huge opportunity for renewal”, saying the site, which is Scotland’s only oil refinery, could have a future in areas such as biofuels or hydrogen energy.

He announced the cash as he said that Labour would work to deliver a “new hope for Scotland” as part of “a Britain once again united by the interests of working people”.

Share:

More for You

Top Followed