The £50 million that will be provided through the Falkirk and Grangemouth growth deal over the next 10 years is designed to unlock economic growth opportunities that will create the jobs that ensure that the unemployment rate is low and employment rate is high. We must not lose sight of economic inactivity.

Our investments in the growth deal include £2 million towards the sustainable manufacturing campus to allow the development of new technologies in the region and £12 million on the greener Grangemouth programme. The wider growth deal is expected to bring significant benefits during the coming year and to generate £628 million over the next 30 years.