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Scottish oil industry in line for £27 million budget boost to convert to renewables

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Tory chancellor will boast that the fund is part of a £57 million investment in Scottish business growth in Wednesday’s Budget statement.Sunak is also expected to announce up to £2 million to support jobs as the oil and gas industry moves into cleaner energy sources and a further £5 million for the Global Underwater Hub in Aberdeen, building on last year’s £1.3 million commitment.Get all the top Scottish politics news sent straight to your Inbox by signing up to our Politics newsletter.We cover Holyrood, Westminster and local councils, with a current focus on how our governments are handling the coronavirus pandemic.To sign up, simply enter your email address into the pink box near the top of this article.Alternatively, you can visit our.

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