Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Brian Leishman Excerpts
Tuesday 1st July 2025

(2 days, 7 hours ago)

Commons Chamber
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Lindsay Hoyle Portrait Mr Speaker
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This is topicals; we have got to get going. Brian Leishman will set a good example.

Brian Leishman Portrait Brian Leishman (Alloa and Grangemouth) (Lab)
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T4. I want to ask about the £200 million national wealth fund commitment for Project Willow. How will it be accessed? What is the minimum and maximum amount that can be accessed by an applicant? If it is exclusively for businesses, will it be based on being positioned within the existing footprint of the Grangemouth site that is owned or operated by Petroineos or INEOS?

James Murray Portrait The Exchequer Secretary to the Treasury (James Murray)
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There is £200 million available, and the Government will look at all proposals for investing it.