The additional cash is needed due to a 'budget gap'
An extra £1 million is set to be spent on the “world’s biggest cycling event" coming to Glasgow if councillors approve.
Glasgow City Council is already paying £15 million towards the huge event, which is expected to bring in an estimated £67 million to the Scottish economy – with a major chunk of the cash going to the city.The additional cash is needed due to a “budget gap” fuelled by high inflation and the pandemic. The Scottish government is also increasing funding by £5.6 million, according to a council paper.
The Elie women’s and men’s road races will finish in George Square after starting in Loch Lomond and Edinburgh. Events will also take place in other parts of Scotland. The council report said: “The event serves to act as a policy catalyst to use cycling across Glasgow and Scotland in everyday life to accelerate a number of important policy areas in health, sport, transport, tourism, economic development, sustainability, and international development, in the lead up to, during and well beyond summer 2023.”Glasgow Life are also managing a ‘city activation programme.
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