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Labour pledges £200m to boost investment in Grangemouth site
The Guardian
|February 24, 2025
Keir Starmer has announced £200m in funding to boost investment at Grangemouth oil refinery, which is closing with the loss of over 400 jobs.
The prime minister said the national wealth fund would provide £200m for up to five companies who moved to Grangemouth, where several thousand jobs in the wider supply chain are also at risk. He said that should leverage up to £600m more in private investment.
Speaking to reporters after his announcement at Scottish Labour's annual conference, he rejected suggestions this had come too late for the scores of Grangemouth workers recently given redundancy notices, or those who will be laid off in the coming months.
Denne historien er fra February 24, 2025-utgaven av The Guardian.
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FLERE HISTORIER FRA The Guardian
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