Oral Answers to Questions
Debate between Douglas Alexander and Euan Stainbank(2 days, 22 hours ago)
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Mr Alexander
In my previous role as a Trade Minister, I was proud to promote world-class Scottish products from satellites to whisky. Since 2024, the Government have been working to extend those international trading benefits. For example, the UK-India trade agreement will boost the Scottish economy by an estimated £190 million a year. Both Brand Scotland and the power of place can help small businesses in Scotland and elsewhere to increase their global exports. I pay generous tribute to my hon. Friend and thank the international trade and investment all-party parliamentary group for its important work. I would be pleased to hear more from him about the work we can do together.
Euan Stainbank
In November, I called for urgent intervention to support the Forth valley’s industrial economy. Since then, we have a £150 million deal to protect 500 jobs at Grangemouth’s ethylene plant, £14.5 million in the Budget to unlock hundreds of new jobs quicker at Grangemouth, such as those announced at MiAlgae, and £9.8 million of local growth funding announced at Forth Valley college last week, despite some nationalists moaning that the money should have been sent to St Andrew’s House rather than to Falkirk, Clackmannanshire and Stirling. What further steps will the Secretary of State be taking to support the vast economic potential of the Forth valley?
Mr Alexander
Just last week, I was with my hon. Friend in Falkirk announcing £9.8 million-worth of funding for the Forth valley region as part of the new local growth fund. Meanwhile, the UK Government are working hard to secure further investment for the Grangemouth site. Tomorrow, the Minister, my hon. Friend the Member for Midlothian (Kirsty McNeill), will be in Scotland signing a memorandum of understanding for the Forth green freeport, unlocking £25 million in capital funding to support economic growth in the region. That, frankly, is the difference that having a Labour Government with Scots at the heart can make to economies such as Falkirk’s.
Oral Answers to Questions
Debate between Douglas Alexander and Euan Stainbank(8 months, 2 weeks ago)
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Mr Alexander
I assure the hon. Lady that we are looking at how we can improve that relationship, and she is right to recognise that a whole number of barriers were created as a consequence of choices made previously, which are causing significant challenges to businesses small, medium and large. As the Secretary of State made clear, we cannot give a running commentary on discussions that are under way, but I assure her that the needs and concerns of British business are uppermost in our minds in those discussions.
Euan Stainbank (Falkirk) (Lab)
On the day of the Government’s necessary action to save British Steel, I sent the Secretary of State a letter requesting a meeting to discuss what further we need to do for Grangemouth, where hundreds of jobs have been lost this week when Petroineos decided to cease refining operations, and where thousands of further jobs are at risk. Will he commit to meeting me to discuss the urgent actions that we need to take to secure accelerated investment in Grangemouth’s industrial future?