Providing for Edinburgh's economic growth and prosperity
- Capital Coalition pledges (selected)
- More Capital Coalition pledges
Capital Coalition pledges
"Work with public organisations, private sector and social enterprise to promote Edinburgh to investors"
Hosting a high-level business roundtable with the Lord Mayor of the City of London, Innovate Finance and SFE. The focus was on collaboration on the fintech sector at local, national and global levels.
Promotion of Edinburgh to international hotel investors at the International Hotel Investment Forum in Berlin.
Supported the Borders Railway investment project.
"Examine ways to source new funding to support small businesses"
Business Loans Scotland Ltd” has passed the Pre Determination Qualification (PDQ) stage of the tender process. It is anticipated that successful bidders will be notified in July and if successful Business Loans Scotland could be fully operational from August 2016.
"Continue efforts to develop the city's gap sites and encourage regeneration"
The Edinburgh 12 initiative is now in an advanced stage with seven sites partially complete, under construction or about to commence construction and a further three sites awaiting planning determination. Proposals for the next phase of the initiative are being consulted upon with key stakeholders.
"Complete the tram project in accordance with current plans"
On 10 December 2015, the Council approved the report ‘Edinburgh Tram Extension – New Steps’ and agreed to extend the tram network north to Newhaven. A project board will be established and documents will be prepared for a procurement process.
"Keep Lothian Buses in public hands and encourage the improvement of routes and times"
The new contract for all advertising and some non-advertising bus shelters is being implemented; it includes management, maintenance and cleaning of all bus shelters. The improved management and cleaning regime included in the contract will enhance the public transport experience.
"Work with the Scottish Government to deliver a larger return of business rate receipts as part of the Business Rates Incentivisation Scheme (BRIS)"
A simplified scheme has now been put in place with Council specific targets for 2015/16 and 2016/17 also confirmed.
"Consult further on the viability and legality of a transient visitor levy"
Discussions to consider additional means to raise revenue in order to protect Edinburgh’s cultural competitiveness are being taken forward as part of the City Deal negotiations with the Scottish Government.
"Set up an independent forum to promote locally owned retail businesses"
Safer Stockbridge – collaborated with Neighbourhood Partnership and Police Scotland to promote event to support businesses in crime prevention.
Queensferry Ambition collaborating with Scottish Government, Royal Navy, War Graves Commission and Fife Council to deliver activities on the high street to commemorate the anniversary of the Battle of Jutland.