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Starmer fast tracks £300 million for offshore wind – London Business News | London Wallet

Philip Roth by Philip Roth
April 25, 2025
in UK
Starmer fast tracks £300 million for offshore wind – London Business News | London Wallet
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The Prime Minister Sir Keir Starmer has announced his will fast track £300 million in funding for offshore wind to kick start clean energy projects in the UK.

Ahead of the energy summit in London Starmer made the announcement saying this will create jobs which will also strengthen the UK’s security.

Sir Keir said: “Delivering the plan for change means winning the race for the clean energy jobs of the future, which will drive growth and help us reach clean power by 2030.

“That is why I am bringing forward much-needed investment in our domestic offshore wind supply chains, strengthening our security and creating good jobs for our welders, electricians, and engineers.

“Let my message to the world go out: come and build the clean energy future in Britain.”

Miliband said, “It is only by taking back control of our energy that we can protect families and businesses from the rollercoaster of global markets we don’t control.

“That is why this Government is doubling down on our clean energy superpower mission – driving economic growth, good jobs and investment across our country.”

Deputy chief executive of the industry body, Jane Cooper, said, “The Prime Minister’s funding will be critical to ensuring the UK grasps the industrial opportunities in the offshore wind supply chain, at a time of intense global competition for clean energy investment.

“By nurturing existing UK companies, and ensuring we’re a competitive location for international investors, there’s an opportunity to triple our manufacturing capacity over the next decade, adding £25 billion to the UK economy and creating an additional 10,000 jobs in the supply chain.”



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