The Scotsman: £2bn plea to prevent Aberdeen hitting hard times

UK and Scottish ministers will today be urged to back a £2 billion package to fund jobs programmes and transform infrastructure in Aberdeen along similar lines to the Glasgow City Deal signed last year.

At an oil industry summit in the city, the Westminster and Holyrood governments will be asked to sign up to the fund for North East Scotland as part of a 20-year plan to protect the region’s energy sector against economic shocks such as the crisis caused by plunging oil prices.

First Minister Nicola Sturgeon and Scottish Secretary Alistair Carmichael will be told that the “time is right to invest in people, houses, transport and innovation” to secure the long-term future of the oil and gas industry.

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