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Friday, Mar 14, 2025

Scottish Secretary Testifies at Holyrood on £3 Billion Growth Deals

Scottish Secretary Testifies at Holyrood on £3 Billion Growth Deals

Ian Murray becomes the first Cabinet Secretary to address Holyrood post-election, highlighting significant UK and Scottish Government investments in growth deals.
The Scottish Secretary, Ian Murray, is set to make history as he steps forward on Wednesday to provide evidence to the Scottish Parliament’s Economy and Fair Work Committee.

This appearance marks the first instance of a Cabinet Secretary attending a Scottish Parliament committee since the latest General Election, underscoring the significance of the discussion at hand: the £3 billion investment into Scotland's City Region and Growth Deals.

In the wake of the Chancellor’s Autumn Budget, Mr. Murray is expected to emphasize the UK Government's robust £1.5 billion commitment to the Growth Deal initiative in Scotland.

This investment is complemented by an additional £1.6 billion from the Scottish Government, reaffirming a collaborative effort to bolster economic development across the nation.

City Region and Growth Deals represent a strategic partnership between local authorities and both the UK and Scottish governments.

These deals are designed to foster local economic resurgence, with a promise to elevate living standards throughout Scotland.

The recent budget announcement by Chancellor Rachel Reeves highlighted new funding allocations, notably for the Falkirk and Grangemouth Growth Deal, which aims to support refinery workers, alongside the approval of the Argyll and Bute Growth Deal.

On the eve of his testimony, Mr. Murray expressed his enthusiasm about the progress made, stating: "I am delighted to confirm that UK Government investment in City Region and Growth Deals alone in Scotland is now £1.5 billion.

This serves as our 'Plan for Change' in action, with the potential to drive economic growth and improve living standards across Scotland." Such pronouncements are anticipated to underscore his evidence at Holyrood.

The Scottish Secretary's engagement with the committee is more than ceremonial; it signifies a shift towards improved coordination and collaboration between the UK and Scottish governments.

Mr. Murray expressed confidence in the newfound relationship dynamics, noting: "We have reset those relationships to ensure we can work together to deliver for people in Scotland.

That means genuine partnership working with the Scottish Government, and the City Region and Growth Deals programme, delivered jointly across Scotland, exemplifies this commitment."

In addition to celebrating these investments, the Scotland Office confirmed that City Region and Growth Deals will eventually encompass all of Scotland, with the UK Government's investment tallying at over £1.5 billion since 2014. This investment is part of a broader £1.4 billion local growth fund announced by Chancellor Rachel Reeves, noting that an additional £840 million has been allocated to 24 separate local growth projects and programmes across the country.

A Scotland Office spokesperson reinforced the government’s intent: "Driving growth and improving living standards across the UK is a key part of our Plan for Change, and these investments are an important part of that vision."

As this significant conversation unfolds at Holyrood, the focus remains on delivering tangible economic benefits and demonstrating the efficacy of cross-government collaboration in nurturing local growth across Scotland.
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