Oral Answers to Questions

Euan Stainbank Excerpts

Tuesday 9th December 2025 Commons Chamber

[Lucy Rigby]

I am grateful to the right hon. Member for his question, as I always am. We are doing an awful lot to support R&D in this country, including through many of the measures announced at the Budget. That includes putting an additional £7 billion into specific areas within the industrial strategy.

[Euan Stainbank (Falkirk) (Lab)]

9. What fiscal steps she is taking to support industry in the Forth valley.

[The Chief Secretary to the Treasury (James Murray)]

As my hon. Friend will know, last year the Government signed a £100 million Falkirk and Grangemouth growth deal with the Scottish Government. At the Budget this year, we further recognised Grangemouth’s centuries of history as a key UK industrial site by announcing additional investment of up to £14.5 million to support industrial projects that can create jobs. Alongside that, the National Wealth Fund is ready to invest £200 million alongside the private sector to help unlock Grangemouth’s full potential and secure our clean energy future.

[Euan Stainbank]

I welcome the additional £14 million-plus to get new industry delivered quickly in Grangemouth and the £25 million to finalise the freeport in the Budget two weeks ago. Forth Valley college is vital to giving local working-class kids the skills they need to grasp the new opportunities that must come to Grangemouth, but it has been failed by the SNP Scottish Government’s staggering 20% cut to colleges since 2021. The Alloa campus now faces closure. Will the Minister consider stepping in with direct skills support for this vital college?

[James Murray]

Education and skills policy, including the funding and operation of colleges, is fully devolved to the Scottish Government. That means that it is for Scottish Ministers to decide how to support Forth Valley college with the overall settlement. As my hon. Friend will know, the spending review provided the Scottish Government with their largest settlement in real terms since devolution in 1998, and the Budget provided an additional £820 million to Scotland through the Barnett formula. In the months ahead we will be campaigning to ensure that decisions about how to invest that funding in Scotland’s future will be taken by Anas Sarwar and a Scottish Labour Government.