Starmer announces £200m fund for Grangemouth industrial future

At the Scottish Labour conference, Prime Minister Sir Keir Starmer announced a £200 million investment from the National Wealth Fund for the Grangemouth industrial site, which is facing closure and significant job losses. He emphasized the investment as a crucial step for Scotland's industrial future, aiming to transition the site into new industries such as bioengineering and hydrogen energy. Starmer also pledged that workers made redundant would receive 18 months of full pay and support for reskilling, appealing for private investment to revitalize the area. The announcement comes amid concerns over the refinery's closure, which could lead to the loss of over 400 jobs, with local leaders and unions demanding action. Starmer warned against rising right-wing politics and stressed the importance of Labour in shaping a positive future for Scottish communities. His speech underlined the necessity of protecting workers' rights and the potential for redevelopment in Grangemouth.