Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Euan Stainbank Excerpts
Tuesday 20th May 2025

(1 day, 15 hours ago)

Commons Chamber
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Euan Stainbank Portrait Euan Stainbank (Falkirk) (Lab)
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I welcome the £200 million commitment to Grangemouth and clean energy through the national wealth fund, and I also welcome the Department’s confirmation to me recently that that money will not be fettered exclusively to the Project Willow proposals. The need for investment is urgent, with jobs lost and the broader economic impacts impending. We need to move further and faster, so what conversations are Treasury Ministers having with their Cabinet colleagues to encourage them to act on the Project Willow policy recommendations and deliver investment in Grangemouth?

Darren Jones Portrait Darren Jones
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I thank my hon. Friend, who is a champion for his constituency and for industry. As he has alluded to, the Government have already made hundreds of millions of pounds available through the national wealth fund for the company in question. We are working to ensure a just transition, harbouring the skills of people in Scotland and across the country. We are now in active discussions as the spending review comes to an end, and we will be able to present more detail to the House on 11 June.