William Eichler 19 October 2016

City Deal reaches £100m milestone

City Deal reaches £100m milestone image

Council leaders yesterday agreed to release more than £31m for infrastructure projects in the Glasgow City Region.

The new round of cash injections, agreed by the Glasgow City Region Cabinet, takes the total released over the last two years to £112m.

Both the UK and Scottish Governments will give the Glasgow City Region local authorities £500m each in grant funding for the City Deal, and the local authorities will borrow a further £130m to use for capital investment.

The council said the money would be used to regenerate land for housing, create thousands of jobs and support the development of stalled housing, industrial and business sites across the region.

Cllr Frank McAveety, chair of the Glasgow City Region Cabinet, said: ‘Our City Deal is one of the biggest of its kind in the UK and offers huge opportunities and benefits for the people who live and work in the area.

‘We’re seeing projects take shape and the latest round of business cases approved today means we’ve now released more than £100m from the City Deal pot.’

A number of influential business experts have also agreed to join the Regional Economic Leadership Board, which is being created to assist the cabinet by dealing with the co-ordination and maximisation of wider economic development activity related to the City Deal.

Cllr McAveety said he was ‘looking forward’ to working with these ‘influential and high-calibre business leaders’.

‘We’re making real progress and we’re well on the road to realising the benefits that our City Deal will bring in terms of new jobs, improved infrastructure and more investment in the region,’ he added.

Overcoming the barriers to Commercial Card use image

Overcoming the barriers to Commercial Card use

Want to reap the benefits of Commercial Cards but coming up against some challenges? James Sykes, Head of Commercial Cards, Lloyds Bank and David Legg, Head of Corporate Card Products, Lloyds Bank, discuss how the payments industry is helping organisations unlock their true value.
SIGN UP
For your free daily news bulletin
Highways jobs

Principal Human Resources Adviser

Royal Borough of Greenwich
£37722 - £40869 per annum
Principal Human Resources Adviser - 1 year Fixed Term ContractRoyal Greenwich is ambitious in its commitment to residents and to service delivery. We' England, London, Woolwich
Recuriter: Royal Borough of Greenwich

Network Architect

Camden London Borough Council
Competitive Salary
The job holder will require a good understanding of security & connectivity practices in the context of Cloud services preferably Microsoft Azure. Camden, London (Greater)
Recuriter: Camden London Borough Council

Transport Development Officer

North Yorkshire County Council
£39,880 - £43,857 per annum
A flexible working offer that allows you to have a true work/life balance. Northallerton, North Yorkshire
Recuriter: North Yorkshire County Council

Recycling Manager

Camden London Borough Council
£41,952 - £48,663
The position sits within the North London Waste Authority’s (NLWA’s) Strategy and Services team, managing... Camden, London (Greater)
Recuriter: Camden London Borough Council

Traffic Management Officer - Carlisle

Cumbria County Council
£31.346 - £32.234
This role involves working within the traffic team liaising with members of the public and councillors agreeing and... Cumbria
Recuriter: Cumbria County Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue