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Scotland’s energy industry facing ‘existential threat’, Swinney warns PM

On Friday, John Swinney, First Minister of Scotland, and Prime Minister Sir Keir Starmer met ahead of a British‑Irish Council summit in Wales, where Swinney warned to act now or risk irreversible deindustrialisation in Scotland's economy.
Contextually, he invoked Scotland's deindustrialisation history and warned Scotland's energy industry faces an existential threat without UK support, including removing the energy profits levy.
After recent cuts, officials point to job losses last month at Mossmorran, Fife risking more than 400 jobs and 100 at Harbour Energy, with both owners citing UK Government policy.
On trade, Swinney asked for an update on UK‑US trade negotiations for whisky and argued tariff reductions are vital to protect Scotland's whisky industry and economic interests.
On budgetary matters, Swinney highlighted the UK Budget's impact on Grangemouth, Mossmorran and Acorn, stressing Scotland’s economy thrives when investing in future jobs and industries.

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Scotland’s Energy Industry Facing ‘Existential Threat’, Swinney Warns PM

Scotland’s energy industry is facing an “existential threat”, the First Minister has claimed as he called for UK Government support. John Swinney and Prime Minister Sir Keir Starmer met ahead of a summit of the British-Irish Council in Wales. The meeting came after job losses announced last month at an ethylene plant in Mossmorran, Fife, owned by oil giant ExxonMobil risking more than 400 jobs and a further 100 set to be cut at Harbour Energy in…

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