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New investment in Forth Valley

The UK Goverment has announced nearly £10 million of funding for the Forth Valley.

Ministers say the cash boost is aiming to drive economic growth.

It's part of a £140 million Local Growth Fund.

The money will be spent across the area over the next three years.

Secretary of State for Scotland Douglas Alexander said: 

“The UK Government is today backing regional economies across Scotland with £140 million of new investment - including £9.8 million for Forth Valley.

“This new investment will allow local leaders to decide how best to use the funding, which could include projects to improve infrastructure, business support or skills development. The UK Government will now work with local partners to develop investment plans tailored to each region.

“By investing in local areas, reducing child poverty, and bringing down inflation, the UK Government is focused on delivering material change to people across the country – boosting living standards and improving public services.”

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