Economic Development - City Deal
Glasgow formally signed City Deal with the UK and Scottish governments in August 2014 to bring in £1.13bn of investment for the city region.
The scheme will see Westminster and Holyrood give £500m each in additional grant funding to the city and its surrounding areas. Glasgow and neighbouring councils will supplement this by borrowing £130m.
The cash will be used to pay for major transport and employment programmes and it is hoped the City Deal will boost the area's economy by £2.4bn annually.