Category : Search result: Grangemouth bailout


Ineos Gets £50m Bailout After £70m State Aid

Billionaire Jim Ratcliffe's Ineos receives a £50m government bailout for its Grangemouth plant, adding to up to £70m in state aid over four years. Explore the debate over UK industrial support and carbon taxes.

Swinney: Scotland an 'Afterthought' to Westminster

First Minister John Swinney claims the UK Government is unwilling to support Scottish industry, citing 500+ recent job losses. He will demand urgent action in a meeting with PM Starmer.

Confusion over Swinney's Mossmorran jobs comment

First Minister John Swinney caused confusion after appearing to guarantee job interviews for redundant Mossmorran workers, a pledge the Scottish Government later retracted. Discover the full story.

AI Bubble Burst: UK Taxpayers Face Bailout Risk

As AI becomes essential to UK public services, taxpayers risk repeating the 2008 bank bailout with a potential £2 trillion AI collapse. Discover the looming financial threat.

Surrey Labour splits over £1.2bn council debt crisis

Exclusive: Labour faces internal division in Surrey as two councils consider breaking away amid government pressure to address catastrophic local authority debt. The political earthquake threatens Starmer's authority in traditional Tory heartlands.

Woking gets £500m bailout in council shake-up

The bankrupt Woking Borough Council secures a massive government rescue package as Surrey County Council takes control of key services in a dramatic local government overhaul.

Australian Aluminium Smelter Seeks Taxpayer Bailout

Australia's largest aluminium smelter in Portland, Victoria, is negotiating a massive government rescue package, joining a growing list of corporate bailouts that critics call 'the year of the taxpayer handout'.

Scottish MPs face Grangemouth energy vote ban

Controversial new UK government legislation could prevent Scottish MPs from voting on England's energy matters, sparking constitutional crisis fears and accusations of silencing Scotland's voice.

UK Wage Growth Slows Sharply as Job Market Cools

UK wage growth has hit its slowest pace in over two years while unemployment rises, signalling a cooling labour market. Meanwhile, Argentina secures IMF bailout and stock markets show mixed performance.

Badenoch Denies UK in Secret IMF Bailout Talks

Business Secretary Kemi Badenoch has categorically denied that the UK is in talks with the IMF for a financial bailout, calling the speculation 'ridiculous' amidst growing concerns over the nation's debt and welfare spending.

Ofwat Rejects Thames Water Bailout, Collapse Looms

Britain's water regulator, Ofwat, has dealt a crushing blow to Thames Water's recovery plan, rejecting its plea for higher bills and lenient penalties. This decision pushes the debt-laden utility, serving 16 million customers, closer to a potential govern

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