Destination City. Projects. Capex. (US$ m). Avg Capex. (US$m). Jobs. Created. Avg Jobs Companies. London. 398. 8,210. 20
June 2015 Edinburgh entrepreneurs’ SMART success Seven University of Edinburgh academic and student entrepreneurs have secured almost £900,000 (£625,000 from SMART: SCOTLAND) support to develop their technology-led businesses.
New Link to Middle East Etihad Airways has launched a new daily flight from Edinburgh to Abu Dhabi.
West End firms sign up for BID scheme
Number of Edinburgh school leavers gaining employment increases The number of school leavers in the Capital moving into work, further education or training has reached 93% - a record high and well above the Scotland average.
West End traders have voted in favour of creating a Business Improvement District (BID). The BID is expected to raise £115,000 a year to invest directly back into the area.
Bicycles allowed on Edinburgh’s trams Following a successful two month trial, bicycles are allowed on Edinburgh’s trams at off-peak times.
Scottish GDP up 0.6% (Q4 2014)
Business incorporations up 17.2% between Jun 14 and Jun 15
22 major FDI investments in 12 months to May– down 27% on previous year
1.5% claimant count in May 15, down from 2.5% in May 14
1050 house sales in Apr 15, up 14% from Apr 14
Hotel occupancy 87.2 % in May 15, up from 85.5 % in May 14
Major FDIs in 2014 Destination City London Edinburgh Belfast Manchester Aberdeen Birmingham Glasgow Leeds Liverpool Bristol
Projects
Capex Avg Capex (US$ m) (US$m)
Jobs Created
Avg Jobs Companies
398 37 29 23 21 17 14 8 7 7
8,210 683 738.2 434.2 1,010.8 533.4 238.0 72.6 366.4 57.9
20.6 34 25.5 18.9 48.1 31.4 17.0 9.1 52.3 8.3
22,051 2,017 4,951 1,595 1,926 2,346 3,628 1,043 999 282
55 208 170 69 91 138 259 130 142 40
382 37 27 23 21 17 13 8 7 7
Newcastle upon Tyne
7
171.9
24.6
912
130
6
Sheffield Nottingham Bradford
5 4 1
323.6 23.9 4.6
64.7 6.0 4.6
400 247 51
80 61 51
4 4 1
Source: fDi Markets
Diverse sector with critical mass in banking, life insurance and pensions, asset servicing and investment management
The city employs around 35,000 people in financial services and is home to two of the world’s 150 top financial services companies as ranked by Forbes
Headquarters for Royal Bank of Scotland, Lloyds Banking Group, Standard Life, Scottish Widows, Aegon Asset Management UK, Baillie Gifford, Martin Currie
More than 90% of all Scottish fund managers are based in the city region
Key companies : Rathbone Brothers, Aberdeen Asset Management, F&C Asset Management, BlackRock International and the asset management arm of the Bank of New York Mellon
For more information visit the Invest Edinburgh Financial Services website
Combination of world-leading academic researchers, cutting edge companies and science parks encourages close collaboration
BioQuarter is the commercialisation arm of Europe's fastest-growing academic medical centre aiming to accelerate the development of new treatments for human and animal diseases
Seven specialist science parks around Edinburgh including Edinburgh BioQuarter, Roslin BioCentre and Pentlands Science Park are home to many of the city’s Life Science companies
Key companies: Toshiba Medical Visualization Systems, GlaxoSmithKyle, Roslin Cells, Touch Bionics, Edinburgh Instruments
For more information visit the Invest Edinburgh Life Sciences website
Highly skilled workforce: three universities with computer science departments
Thriving start-up scene due to well developed Angel Funding network and a close-knit community of entrepreneurs
University of Edinburgh’s School of Informatics is home to 1,000 students and has more World Leading and Internationally Excellent Research than any other UK university.
Key companies: Skyscanner, Fanduel, Craneware, FreeAgent, Kotikan, Amazon, Microsoft, Rockstar North
For more information, visit the StartEDIN website
World's festival capital, with 13 international festivals and a host of other major events throughout the year, generating £261m in economic impact (2012)
11 of the top 20 visited attractions in Scotland are located in the Edinburgh City Region
14 million bed nights a year; average hotel occupancy levels (80.4% in 2014) are among the highest in Europe and beyond, peaking at 90.6% (July), and 92.7% (August)
A UNESCO World Heritage Site
Business tourism generates around £300 million a year for the city region
For more information visit the Invest Edinburgh Tourism website
Sector encompasses advertising, architecture, art and design, computer and video games, crafts, designer fashion, film and video, music, the performing arts, publishing, software and broadcasting.
Creative Edinburgh connects its members to available support, programmed events, business networks, skills development and investment opportunities
Home to national institutions including The Royal Scottish Academy (founded 1826) the National Gallery of Art (1859), the Scottish National Portrait Gallery (1889), National Library of Scotland (1925), the Scottish National Gallery of Modern Art (1960) and the Scottish Arts Council (1994) State-of-the-art business incubator at the Creative Exchange to foster new talent and support the growth of startup and digital media companies
For more information, download the Think Creative, Think Edinburgh brochure
PWC predicts Edinburgh will have the highest hotel occupancy rates in Europe in 2015 (PWC European Cities Hotel Forecast, 2014 and 2015)
The city is home to more than 82,000 university and college students, including more than 17,000 international students
Edinburgh Airport is Scotland’s largest airport and the fifth largest in the UK by passenger movements, with over 40 carriers servicing more than 100 destinations
The City’s carbon emissions have fallen by 9.2% since 2005
Edinburgh was been ranked the top mid-sized city in Europe overall in fDi magazine’s European Cities and Regions of the Future 2014/15 awards.
