16:14 The Parliamentary Under-Secretary of State for Wales (Stephen Crabb)

I would like to take this opportunity to highlight a few of Glasgow’s recent successes. The UK Government are supporting the city of Glasgow to lead the way in using modern technology to support growth and increase sustainability. Glasgow beat off bids from a number of other cities around the UK to be awarded £24 million as the host city for the Technology Strategy Board’s future cities demonstrator project. The university of Strathclyde recently secured funding for two of the UK Government’s catapult centres, looking at offshore renewable energy and high-value manufacturing, which are important sectors for future growth. In 2013, Glasgow overtook Edinburgh in the global financial centres index for the first time, making it the highest-ranking financial centre in the UK behind London, and Glasgow is to host the Commonwealth games next year, which will be a highlight for the whole of our country.

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