Scottish Secretary Douglas Alexander revealed the funding could be used to improve regional infrastructure, provide business support or fund skills development. It is part of a £140 million investment in five Scottish regions, with Glasgow set to receive £60.9 million, Edinburgh £37.8 million, the Tay Cities region £19.5million and Forth Valley £9.8 million. It is part of UK Government plans to spend £2 billion on direct local investments over the next decade in Scotland. Mr Alexander said: “The UK Government is today backing regional economies across Scotland with £140 million of new investment. “The UK Government will now work with local partners to develop investment plans tailored to each region.

Source: The Times January 08, 2026 21:22 UTC