Faslane is set to benefit from a multi-million investment package, thanks to the UK government.

A multi-billion redevelopment of the site was announced on Wednesday, as part of the Chancellor’s Spending Review.

MSP Jackie Baillie welcomed the news that HM Naval Base Clyde has been earmarked for an initial £250 million funding package over three years.

It will form part of the ‘Clyde 2070’ programme to guarantee the facility a key role in the nation’s defence strategy.

The UK government’s spending review announcements have been credited with providing the largest real-terms settlement for Scotland since devolution began.

The country will also benefit from an extra £9.1 billion for public services over the next three years.

Dumbarton MSP Jackie Baillie welcomed the Chancellor’s Spending Review, saying: “It is clear that the Chancellor’s Review has ended austerity in Scotland.

“It has delivered landmark settlements for the Scottish Government – these are historically large settlements.

“This has been a game-changing spending review which will deliver for Scottish public services but it is now up to the Scottish Government to spend it properly.

“The UK Government has given more money than ever before for Scotland so the SNP has no excuse for not delivering for the NHS, policing, schools and for our communities.”

The Chancellor’s review also confirmed £8.3 billion for Scottish-headquartered GB Energy, to deliver clean, homegrown power.

Funding will also be made available for four Investment Zones – one of which will focus on boosting infrastructure around Glasgow Airport as part of the wider Glasgow City region.

It is expected to generate at least £1.7 billion of investment and up to 18,000 FTE jobs over 10 years.