Oral Answers to Questions

Graham Leadbitter Excerpts

Wednesday 11th November 2026 Commons Chamber

[The Prime Minister]

I will meet the group, and I agree with my hon. Friend. The 10-year plan must lay out a compelling vision for the reindustrialisation of Britain.

[Graham Leadbitter (Moray West, Nairn and Strathspey) (SNP)]

Q15. The Chancellor has acknowledged that Scotland could have had a £1 trillion wealth fund from oil and gas, but instead we have seen no fund and 1,000 jobs lost every month. Before the Prime Minister jets off to COP31, will he commit to a Scottish wealth fund to ringfence revenues from Scotland’s waters for Scotland’s renewables future, or is he content to continue Labour’s deindustrialisation of Scotland, just like Thatcher in the ’80s?

[The Prime Minister]

That is a very unfair comment, if I may say so, on the very day that the National Wealth Fund has committed £1 billion of funding to support offshore wind off the east coast of Scotland. I would have thought that the hon. Gentleman would stand up and welcome that announcement.