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Evening Standard
Evening Standard
Politics
Katrine Bussey

Swinney: Ferguson Marine must make ‘justifiable business case’ to get more cash

There needs to be a ‘justifiable business case’ before more cash can be released to shipbuilders Ferguson Marine, John Swinney has said (Jane Barlow/PA) -

A state-owned shipyard has to make a “justifiable business case” before it can receive millions of pounds in investment from the Scottish Government, John Swinney has insisted.

The First Minister said his Government had agreed “in principle” to providing the Ferguson Marine yard in Port Glasgow with £14.2 million of cash to help it modernise.

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