On Air Now

Kevin John

2:00pm - 6:00pm

Extra funding to be announced for Grangemouth

The UK Government is set to announce additional funding for Grangemouth.

Chancellor Rachel Reeves is expected to include an extra £14.5 million of investment in Wednesday's Budget.

400 workers have been made redundant, after the refinery ceased production in April.

The money will go towards the refinery's transition into a clean energy hub.

A Treasury source said: "We said we would stand squarely behind communities like Grangemouth, and we meant it.

"And we're building on what we have done already by putting millions in as a starter to help put the community on a firm footing and strengthening its places as part of the clean energy revolution.

"These investments will help deliver a fair transition for Grangemouth, securing jobs for local people way into the future."

More from Local News