Page last updated at 17:39 GMT, Friday, 9 January 2009

3.5m pledge for capital status

Edinburgh (Pic: Brad Albers)
Edinburgh has been recognised financially for being the capital city

Edinburgh has received an extra 3.5m pledge from the Scottish Government because it is the capital city.

Finance Secretary John Swinney announced the new funding as he outlined the Scottish Government's budget.

It is the first time the city's special role has been recognised, however it is only about a tenth of the 33m Edinburgh City Council asked for.

The money is to be spent on events such as the winter and summer festivals.

The money is in addition to 877.7m allocated to cover the city in 2009/10.

The amount will be more than last year's figure of 884.2m once two substantial grants come through to cover private sector housing and transfer of management development funding.

The move follows a detailed submission on the case for Edinburgh to the Scottish Government on 25 September.

Jenny Dawe, Edinburgh City Council leader, said: "I welcome the Scottish Government's recognition of the unique pressures that Edinburgh incurs as the capital city for Scotland and the particular impact this has on the council.

"Investing in Edinburgh to promote Scotland is the best way to maximise future prosperity and well-being for the whole of Scotland."

Print Sponsor


SEE ALSO
Swinney announces 'jobs' budget
09 Jan 09 |  Scotland

RELATED INTERNET LINKS
The BBC is not responsible for the content of external internet sites


FEATURES, VIEWS, ANALYSIS
Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit

PRODUCTS & SERVICES

Americas Africa Europe Middle East South Asia Asia Pacific