During the Scottish Labour conference, Sir Keir Starmer announced a £200 million investment in Grangemouth oil refinery from the National Wealth Fund, aimed at revitalizing Scotland's industrial landscape. He emphasized collaboration with partners and attracting private investment to jumpstart new industries. This initiative highlights the Labour Government's commitment to sustaining skilled jobs and community identity, positioning the investment as vital for Scotland's economic future.
We will allocate £200 million from the National Wealth Fund for investment in Grangemouth. An investment in Scotland's industrial future, that's the difference a Labour Government can make.
Not just the security and dignity of their work, not just their pride and purpose, their identity.
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