Some councils who have struck City Deals with the Government may have to revisit their financing plans for infrastructure investment because of Brexit, according to KPMG. Glasgow City Council asked the consultant to assess the impact of Brexit on the Glasgow and Clyde Valley City Deal. KPMG remarks: “Other City Deals have European Investment Bank (EIB) funding for some of their projects or were planning to access EIB funding in the future. EIB has confirmed that it is business as usual...
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