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Chancellor announces £23.9m business, life science and arts funding for Glasgow

United Kingdom Architecture News - Jul 23, 2014 - 13:26   2464 views

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