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In 58 years—not a long time—the industry has been politically destroyed. News such as that of the recent decision to have aircraft carriers built in France rather than on the Clyde makes me use the phrase "politically destroyed".
The excellence fund alone will provide more than £400,000 over three years to support new initiatives, employ new teachers, promote inclusion and raise standards.
We will have further discussions, with the electricity industry in particular. As industries change, new regulatory regimes are introduced; the process is continuous.