2014_02_05 City Chambers 3

Edinburgh could benefit from large pots of UK and Scottish Government investment of almost £1bn if the council give the go ahead next week to spend £25,000 on an investigation into how it would work and what it might mean.

City Deals are ways of empowering cities and their regions to deliver better economic growth by putting more resources and financial freedoms into the hands of local leaders. This is what Economy Convener Councillor Frank Ross dreams of for the capital, and he explained it may reach beyond the city boundary.

The Edinburgh Reporter NEWS Economy Update from Phyllis Stephen on Vimeo.

There has already been some work carried out by all the city leaders in Scotland to consider how the City Deal model delivers longer term investment to ensure the city economy across the country

Website | + posts

Founding Editor of The Edinburgh Reporter.
Edinburgh-born multimedia journalist and iPhoneographer.