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Henry

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DAVID Cameron will visit Aberdeen today as the Conservative Government signs a £250 million 'deal' designed to help the city weather the dramatic fall in the oil price.

But the amounts jointly pledged by both the UK and Scottish Governments are expected to fall far short of the almost £3 billion requested.
The Prime Minister is also due to announce measures to help protect oil and gas jobs while he is in Aberdeen.
Earlier this month one of his ministers hinted at possible tax breaks for the beleaguered sector.
Yesterday Mr Cameron said that, despite the current crisis, a "bridge to the future" could be built for the "vital" North Sea.
He also hit out at the SNP, saying that with the drop in the oil price the party’s planned Independence Day would have been a “very, very dark day indeed”.
Last week First Minister Nicola Sturgeon urged the Tory Government to urgently confirm the deal to protect the Aberdeen's position as an oil and gas hub.
Aberdeen will be Scotland's second City Deal, after a similar announcement of up to £1.1bn for Glasgow in 2014.
It is designed to help the oil and gas industry maximise the remaining North Sea resources and enable the economy to diversify.
Aberdeen City and Aberdeenshire councils submitted a bid for a deal worth £2.9bn over two decades last year.
The agreement brings together government and council funds, alongside private investment, in a bid to boost local economic growth.
It will help support a new energy innovation centre, the expansion of Aberdeen harbour, enabling the city to compete for decommissioning work, and support for growing pharmaceutical and agri-food industries.
Scottish Secretary David Mundell will sign the deal on behalf of the UK Government today.
Mr Cameron will visit Aberdeen later to meet local employers and workers as well as senior executives from the oil and gas industry, to hear about the challenges facing the industry.
Mr Mundell said: “I know it’s a very tough time for people who work in the industry and their families, and I am determined that the UK Government will do what it can to support them.
"We need action which will help in the short, medium and long terms – helping the UK’s oil and gas industry to export its world-class expertise around the globe; and encouraging diversification of the economy to create new opportunities in other sectors too."
He added: "We have seen in Glasgow the extra jobs and growth that this kind of deal can bring, and I want to see the same achieved in and around Aberdeen."
In the last Budget, the UK Government announced a £1.3bn package of reforms for the UK Continental Shelf, including tax cuts for the industry and a £20m funding boost for seismic surveying to boost offshore exploration.
The industry body Oil and Gas UK has warned of tough times and jobs losses ahead.
At one point earlier this month the price of oil fell to $32 a barrel.
Mr Mundell will also formally announce plans for a formal memorandum of understanding between Aberdeen and Pemba, in the north east of Mozambique, designed to help the city create a local oil and gas hub based on the Aberdeen model.
Mozambique, which has huge reserves of offshore natural gas, is expected to become a major global producer in coming years.
Aberdeen City Council was awarded a £120,000 grant from the Foreign Office to help draw up the action plan for the Pemba hub.
The move is designed to boost growth and investment in Mozambique as well as open up opportunities in consulting, logistics, training and the supply chain for British companies, particularly those based in Scotland.

 

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Birmingham city deal value - £1.5bln

Birmingham's contribution to the UK economy - £20.5bln

Aberdeen city deal value - £250m

Aberdeen's contribution to the UK economy - £15bln

 

Doesnt matter if its the UK government or the Scottish government Aberdeen gets bled dry and fucked over.

£504M (£250M from UK + £254 from Scot Gov)

 

But yeah, the UK Government is only giving us £250M.

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Birmingham city deal value - £1.5bln

Birmingham's contribution to the UK economy - £20.5bln

Aberdeen city deal value - £250m

Aberdeen's contribution to the UK economy - £15bln

 

Doesnt matter if its the UK government or the Scottish government Aberdeen gets bled dry and fucked over.

 

It doesn't get bled dry or fucked over spam min.

 

What do you seriously expect? Money doesn't grow on fuckin trees min; esp when there's only a few hundred thousand living in the area.

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It doesn't get bled dry or fucked over spam min.

 

What do you seriously expect? Money doesn't grow on fuckin trees min; esp when there's only a few hundred thousand living in the area.

 

You're right bluto, it doesnt grow on trees. It comes out the North Sea in the form of black stuff for 40 years and heads straight down to Westminster.

 

I expect a little bit more than the cost of building a civic square and a funcy hotel.

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You're right bluto, it doesnt grow on trees. It comes out the North Sea in the form of black stuff for 40 years and heads straight down to Westminster.

 

I expect a little bit more than the cost of building a civic square and a funcy hotel.

But that money does not belong to Aberdeen.

 

I like your use of the word Westminster by the way; done in a sly and disparaging way. When in actual fact you could have just REFERRED TO ooops caps referred to it as our government.

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But that money does not belong to Aberdeen.

 

I like your use of the word Westminster by the way; done in a sly and disparaging way. When in actual fact you could have just REFERRED TO ooops caps referred to it as our government.

 

The money going into Newcastle, Birmingham, Bristol, Leeds, Liverpool, Sheffield... doesnt belong to them either. They havent contributed anywhere near as much per head as Aberdeen has though but they have been given shitloads more in their city deals.

 

It doesnt go to Hollyrood, it goes to Westminster.

 

I said in my first comment that it doesnt matter where they sit Aberdeen gets the shitty end of the stick.

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All of those places mentioned have a far bigger population and therefore a bigger need for investment.

Esp as you have quoted many post industrial powerhouses which fell into disrepair after the WWII.

 

As for the contribution per head argument; I'm just going to laugh at that.

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All of those places mentioned have a far bigger population and therefore a bigger need for investment.

Esp as you have quoted many post industrial powerhouses which fell into disrepair after the WWII.

 

As for the contribution per head argument; I'm just going to laugh at that.

 

Aberdeen has been one of the largest contributors for 40 years. Expecting investment in the city to keep that going is obviously too much for you to get your head round.

 

What exactly are you after here, an argument over something you have no interest nor investment in? Now thats laughable.

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How is this sum of money from the UK government going to be distributed?

Hopefully that fucker Willie Young doesn't get a say if the council are involved.

Cannot wait to see that fkn gype's face on STV News tonight.

He will making out that it was him and his co-horts application that won the City Deal. No way should he be allowed anywhere near it

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http://news.stv.tv/north/1340648-city-deal-fund-worth-250m-for-aberdeen-economy-to-be-signed-off/

 

:laughing::clangers2:

 

 

How will the Scottish Government's money be spent?

 

· £200m to improve rail travel between Aberdeen and the Central Belt

 

· £24m for improve the junction between the A90 and A937 in Aberdeenshire

 

· £20m to help local authorities unlock land for housing

 

· £10m to improve digital infrastructure in Aberdeen and Aberdeenshire

 

"Delivery of the City Deal will reaffirm the north east's global reputation in oil and gas, and pave the way for diversifying the region's economy.

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£504M (£250M from UK + £254 from Scot Gov)

 

But yeah, the UK Government is only giving us £250M.

 

Reading further into it, the Scottish government are just adding together money that was already earmarked for improvements. A chunk of that is coming from Open Reach for high speed interweb, a large chunk is to improve rail networks with fucking weegieland and whats left is for roads and earmarking new sites for hooses.

 

Not exactly investing in new tech or pushing the city and shire forward.

 

Things that may help would be revisiting and backing the carbon capture project and proper investment in the harbours for decommissioning. The Conservative MSP for NE Scotland is trying to get the government to apply for EU funding to duel the road between Peterhead and Aberdeen, cutting down travel time and putting both in a prime position for the decom work that will be coming. He's been told no by the SNP, most probably because it doesnt siut the political game they want to play in Hollyrood. Once again Aberdeen and the shire suffering for party politics.

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http://news.stv.tv/north/1340648-city-deal-fund-worth-250m-for-aberdeen-economy-to-be-signed-off/

 

:laughing::clangers2:

 

 

How will the Scottish Government's money be spent?

 

· £200m to improve rail travel between Aberdeen and the Central Belt

 

· £24m for improve the junction between the A90 and A937 in Aberdeenshire

 

· £20m to help local authorities unlock land for housing

 

· £10m to improve digital infrastructure in Aberdeen and Aberdeenshire

 

"Delivery of the City Deal will reaffirm the north east's global reputation in oil and gas, and pave the way for diversifying the region's economy.

What a load of shite.

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