Written Question·Treasury·UIN 60578

National Wealth Fund: Grangemouth

Tabled: 17 June 2025
Answered: 25 June 2025

Question

Euan Stainbank

LabourFalkirk

To ask the Chancellor of the Exchequer, whether the £200m allocation to Grangemouth from the National Wealth Fund is restricted for investment proposals contained fully or partially within the boundaries of the Grangemouth oil refinery.

Answer

James Murray
The National Wealth Fund stands ready to provide £200 million of investment to finance projects in the Grangemouth area, subject to investible propositions meeting the National Wealth Fund’s criteria. Beyond Grangemouth, the National Wealth Fund is capita...

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