The hundreds of refinery workers losing their jobs at Grangemouth this year will have found little comfort in a long-awaited report published yesterday.

Project Willow was commissioned by the UK and Scottish governments to examine what the future might look like for Scotland’s largest industrial site.

It sets out nine options for what could be done. But none of them come cheap and would take at least five years to implement.

All of them rely on securing billions of pounds of private investment. In the current climate, that could prove very difficult.

John Swinney attempted to put a brave face on the report when he visited the town yesterday. He insisted investment could be secured from the private sector to give Grangemouth a new direction.

While we hope he is proved right,

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