Edinburgh top for inward investment in UK

Economy leader reacts to news that Edinburgh is ranked as UK's best place to invest


Housing and Economy Convener, Cllr Gavin Barrie, today welcomed the results of a study “Investing in Britain: Cities Built for the Future” published by global consultancy Arcadis.

He said: “It is great to see Edinburgh getting the recognition it deserves in this area and this is welcome confirmation that along with our partners across the city, we are continuing to drive investment to the Capital, which is creating thousands of new jobs. Due to its excellent quality of life and vibrant economy Edinburgh provides an innovative environment for companies of all sizes, both home grown and international, to succeed. The city’s rapid growth in the tech sector and start-up scene and increased international reputation coupled with long-standing expertise in finance mean that Edinburgh is well positioned to attract investment.

“We are also well aware of the challenges that we face to keep up with our growing population which is why we are investing in one of the biggest affordable house building programmes in the UK with a commitment to build 20,000 new homes in the next 10 years. Transport links have been greatly improved with the arrival of the tram in the city and we hope that the line will be extended down to Newhaven, which is subject to approval later this year. In addition to this, our economy strategy, which will be considered by councillors next month, will focus on ensuring that everyone in the city shares in this success.”


 

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