During a recent parliamentary session, Business Secretary Jonathan Reynolds clarified that the potential closure of the Grangemouth oil refinery in Scotland is not similar to the ongoing crisis at British Steel in Scunthorpe. Specifically, he termed the situation at British Steel as exceptional and suggested that the UK must decide whether to maintain its steel industry or rely on foreign imports. Meanwhile, concerns were raised about the impending loss of approximately 400 jobs at Grangemouth and the wider impact on the supply chain. The government has pledged £200 million to support Grangemouth's long-term future, underscoring its distinct scenario.
Reynolds emphasized that the situation with Grangemouth is "not comparable" to British Steel, describing the latter as an exceptional case requiring specific legislative intervention.
SNP Westminster leader Stephen Flynn pointed out the dire consequences for Grangemouth, highlighting the potential loss of 400 direct jobs and thousands within the supply chain.
Reynolds stated the government's commitment of £200 million to ensure the long-term viability of Grangemouth, affirming the uniqueness of its situation compared to British Steel.
In the Commons, Reynolds posed a fundamental question about the UK's steel industry: whether to support domestic production or rely on imports.
Collection
[
|
...
]