Keir Starmer announced during his speech at the Scottish Labour conference in Glasgow that the UK Government will provide £200 million in funding for Grangemouth. Last week, SNP First Minister John Swinney pledged £25 million from the Scottish Government to support the future of the site. The decision by Petroineos to halt refining operations at Grangemouth in November 2023 resulted in job losses and political debate. Starmer condemned the previous Conservative Government for its delayed response, noting that the funding will be sourced from the National Wealth Fund.