UK Government announces £125m investment in Grangemouth

The chancellor says it is good value for taxpayers' money and the country's security.

The UK Government is investing £125m in the chemicals plant at Grangemouth to secure 500 jobs at Ineos and thousands more in the supply chain.

The plant produces ethylene which is crucial for the water industry, plastics and pharmaceuticals.

Rachel Reeves says it is good value for taxpayers’ money and the country’s security.

The chancellor says she is convinced the plant has a long-term viable future.

STV News is now on WhatsApp

Get all the latest news from around the country

Follow STV News
Follow STV News on WhatsApp

Scan the QR code on your mobile device for all the latest news from around the country

WhatsApp channel QR Code
Last updated Dec 17th, 2025 at 19:30

Today's Top Stories

Popular Videos

Latest in Scotland

Trending Now