Providing for Edinburgh's prosperity

  1. Capital Coalition pledges (selected)
  2. More Capital Coalition pledges

Capital Coalition pledges

Pledge 15

"Work with public organisations, private sector and social enterprise to promote Edinburgh to investors"

Edinburgh was placed in the top 3 in Europe for "Overall mid sized and small cities" by FDi magazine.

The council is working with several organisations to promote Edinburgh to investors in line with the Council's Economic Strategy "A Strategy for Jobs 2012-17". 

Pledge 16

"Examine ways to source new funding to support small businesses"

Negotiations are taking place to replace the East of Scotland Investment Fund and West of Scotland Loan Fund to make funding available from 2015 onwards to small/medium sized businesses in Edinburgh.

Pledge 17

"Continue efforts to develop the city's gap sites and encourage regeneration"

The sale of the King's Stables Road development site has been approved. Standard Life has confirmed its intention to take office space at the St Andrew Square development. 

Pledge 18

"Complete the tram project in accordance with current plans"

The Tram project was completed and handed over to the operator on 30 May 2014. The first tram service ran on 31 May 2014. 

Pledge 19

"Keep Lothian Buses in public hands and encourage the improvement of routes and times"

Transport for Edinburgh has been established to manage and integrate bus and tram operations.

Capital budget allocation is being used to improve accessibility to a number of bus stops, renew and straighten the road surface at bus stops with high level wear and tear and for 50 new and replacement shelters. 

Pledge 20

"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 2014/15 and 2015/16 also confirmed. 

Pledge 21

"Consult further on the viability and legality of a transient visitor levy"

The Council agreed that further consultation with relevant sectors and stakeholders should be undertaken to construct a voluntary funding mechanism. There will be further discussion with the Scottish Government and its commission on the introduction of a transient visitor levy. 

Pledge 22

"Set up an independent forum to promote locally owned retail businesses"

Retail mentoring events completed between independent retailers and premium high street trader.

Brokered successful contract between South West social enterprise and major investor for corporate social responsibility activity.

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