Prime Minister to sign £1.2bn Edinburgh city deal today

The Prime Minister is to give the green light to the Edinburgh city deal today alongside the First Minister.

Theresa May will be in the capital to sign the agreement which unlocks £1.2bn worth of investment.

The money is expected to boost jobs, housing and transport links throughout the area as well as provide funding for the city's three universities.

This follows the signing of the terms for the Edinburgh City Deal last year, and is part of the UK Government’s investment in UK City and growth deals in Scotland.

Prime Minister Theresa May said: “Alongside the Scottish Government and local partners, I will be confirming £300 million, as part of a wider £1 billion investment by the UK Government through City Deals in Scotland, to create jobs and open up new economic opportunities throughout the nation.

“These City Deals build on existing strengths to open up new possibilities for the future in Scotland and the whole of the UK as part of our modern Industrial Strategy.

“Today I have also announced a further £13 million for investment in six science centres in the UK, including Dundee and Glasgow, to drive innovation in science and technology.

“As we leave the EU, the UK Government is working in partnership with business, academia and the devolved administrations to create more good jobs and spread economic prosperity across the country.

“By making the most of our country’s assets and the talents of all of our people, we can build a brighter future for the whole UK.