The UK government money will help to fund phase two of the Glasgow School of Art campus development

UK Chancellor George Osborne has announced nearly £24m in new funding for Glasgow's life sciences, business and arts sectors.

Just over £17m will go into health technology; the Glasgow School of Art is to receive £5m and there will be £1.7m for a new business centre.

Mr Osborne gave details about the funding at a Commonwealth Games conference at Glasgow University.

Glasgow City Council leader Gordon Matheson welcomed the announcement.

Ahead of the minister's speech, he said: "The City Deal will transform the Glasgow City region.

"This will mean not only better health for Glaswegians but, crucially, more sustainable, high-value jobs."...Continue Reading

> via BBC