Edinburgh City Deal still on track, says Chancellor
The Capital submitted a £1 billion bid to ministers in September last year in partnership with the three Lothian authorities, Fife and the Scottish Borders and hopes it will draw in up to £3.2bn of private investment to help boost the economy.
In his speech in the Commons yesterday, Mr Hammond said: “Devolution remains at the heart of this government’s approach to supporting local growth, and we recommit today to our City Deals with Swansea, Edinburgh, North Wales and Tay Cities – and I can announce we’re beginning negotiations on a City Deal for Stirling, so that every city in Scotland will be on course to have a City Deal.”
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