City and Region Growth Deals: funding

City and Region Growth Deals funding allocations 

Scottish City Region Deals and Regional Growth Deals are funded through partnerships between the Scottish Government, the UK Government and local authorities.

We acts as the accountable body for all Government funding in the Growth Deals programme. We manage and distribute both our own and UK Government contributions to each Growth Deal.

The information below shows funding allocated and claimed across all Deals in 2024 to 2025, and cumulatively from 2015 to 2025.

2024 to 2025 financial summary

A summary of the 2024 to 2025 funding position for the Scottish City Region and Growth Deals is set out below.

Scottish City Region and Growth Deals 2024 to 2025 financial summary

Scottish City Region and Growth Deals	Funding allocated (£m)	Funding claimed (£m)	Variance (£m)
Glasgow	£30.00m	£30.00m	£0.00m
Aberdeen	£27.19m	£24.44m	-£2.75m
Inverness & Highland	£4.14m	£3.21m	-£0.93m
Edinburgh & South East Scotland	£41.83m	£41.83m	£0.00m
Stirling & Clackmannanshire	£18.26m	£18.06m	-£0.20m
Tay Cities	£14.45m	£14.01m	-£0.44m
Ayrshire	£8.78m	£4.32m	-£4.46m
Borderlands	£8.38m	£6.97m	-£1.41m
Moray	£6.95m	£5.64m	-£1.31m
Islands	£8.52m	£2.64m	-£5.88m
Argyll & Bute	£5.12m	£0.81m	-£4.31m
Falkirk & Grangemouth	£2.10m	£0.40m	-£1.70m
Total	£175.72m	£152.33m	-£23.39m

Funding claimed in 2024 to 2025 was lower than the amount allocated across most deals. This led to an overall underspend of around 13% of the total allocation. The variance largely reflects timing and delivery factors, such as project delays or rephasing rather than loss of funding. 

April 2015 to March 2025 financial summary

The City Region and Growth Deals Financial Summary for the period of April 2015 to March 2025 is set out below.

Scottish City Region and Growth Deals cumulative financial summary

Scottish City Region and Growth Deals	Legal commitment (*Tripartite Agreement) (£m)	Grant funding claimed (£m)	Variance (£m)
Glasgow	£400.00m	£400.00m	£0.00m
Aberdeen	£239.30m	£204.50m	-£34.80m
Inverness & Highland	£78.09m	£45.94m	-£32.15m
Edinburgh & South East Scotland	£319.98m	£343.15m	£23.17m
Stirling & Clackmannanshire	£51.77m	£34.69m	-£17.08m
Tay Cities	£157.80m	£155.38m	-£2.42m
Ayrshire	£88.72m	£20.66m	-£68.06m
Borderlands	£46.87m	£8.25m	-£38.62m
Moray	£23.63m	£10.73m	-£12.90m
Islands	£17.16m	£4.55m	-£12.61m
Argyll & Bute	£1.04m	£0.81m	-£0.23m
Falkirk & Grangemouth	£2.10m	£0.40m	-£1.70m
Total	£1,426.46m	£1,229.06m	-£197.40m

Across the full Deal term to date, total grant funding claimed is lower than the total legal commitment, resulting in a cumulative underspend of around £197 million. This equates to 14% of the overall commitment not yet drawn down.

The variance largely reflects delivery timing pressures, with several programmes drawing down funding more slowly than originally planned. Some Deals have been able to accelerate activity and have been able to claim in excess of the financial commitment to date.

*A Tripartite Agreement is a legally binding funding agreement between us, the UK Government and the relevant local authority that sets out each partner’s commitments, investment profile and responsibilities for delivering a City Region or Growth Deal.