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WHY INVEST IN SCOTLAND


More than 1,500 companies have already chosen to invest in Scotland largely due to the skills base of a highly educated workforce, the transport and telecommunications infrastructure, and a whole range of other business benefits.

Scotland offers unique benefits across a number of industries and sectors, and can provide tailor-made locations and accommodation for all sizes of ventures with the scope to grow and develop.

Scotland´s property market is outperforming London´s, according to latest figures. House prices are dropping in the UK capital but are steady in Scotland, a survey by the Royal Institution of Chartered Surveyors (RICS) found.

Why Invest In Glasgow

  • Glasgow will be hosting the 2014 Commonwealth Games

  • Glasgow, with a population of around 600,000, is Scotland´s largest city and is the commercial capital of Scotland. It is the UK´s largest retail centre after London

  • Situated in the Central Belt of Scotland on the west coast it is easily accessible by road, rail and air

  • Glasgow is one of Europe´s top 20 financial centers and is home to many of Scotland´s leading businesses

  • A difference in Scottish regulation allows for only a 2%-3% ´reservation deposit´ rather than the usual 10% in England

  • Economical and regeneration prospects of Glasgow, for example, £100 million investment into the ´forgotten harbor´.

  • Regeneration

    Much more is in store in terms of ambition for Glasgow. The 2014 Commonwealth Games can inspire not only Glasgow but the whole of Scotland.

    Examples of regeneration projects in the pipeline:

  • The Glasgow Airport Rail Link – currently subject to Parliamentary timetable and approval will bring an estimated 52,500 additional UK and overseas visitors and contribute towards £10m in additional visitor expenditure every year to Glasgow

  • Glasgow Harbour – with an investment proposal of £250m, 2,000 leisure jobs will be created

  • Scottish Exhibition and conference centre – with an investment proposal of £162m and the creation of 1,221 fulltime jobs and 400 part time jobs.

  • Economy

    Glasgow, Scotland´s largest city is the epitome of urban fashion with the biggest retail centre in the UK outside of London. Glasgow has the shops, the galleries, the restaurants, and the nightlife to rival any city in northern Europe. There are also a plethora of higher education centers in Glasgow. As well as the internationally renowned Glasgow University, Strathclyde University, Caledonian University and the Royal Scottish College of Music and Drama also close by. These, in addition to the newly Victoria Infirmary Hospital getting built, should ensure a steady stream of potential tenants. A large number of major commercial and call centre complexes, including Dell Computers, BT, Lloyds TSB, Morgan Stanley, NTL and Scottish Power are nearby. Demand has been consistently high for good quality accommodation.

    Why invest in Edinburgh?

    Edinburgh´s popularity as a business and educational location has been the main factor for the making Edinburgh the best place to live in the UK by a recent poll.

    Critical mass

    More FTSE100 companies are based in Edinburgh than any other area of the UK outside London, with key strengths in finance, science and technology and tourism.

    Accessibility

    The city region has a strong transport mix, with a sophisticated bus, road and rail network. The capital has flights to more than 100 destinations worldwide and a new tram system due in 2011.

    Economy

    Edinburgh enjoys the UK´s strongest city economy outside London and is forecast to continue outperforming with growth of 3.3% a year until 2010.

    Value-for-money

    Resedential and commercial property costs are significantly lower than in London and the south-east, with Scotland´s indirect social wage costs, such as employer national insurance, among the lowest in Europe.

    Talent pool

    Edinburgh City Region´s workforce is one of the most highly qualified in the UK with 43.6% of the population holding a degree level or professional qualification.

    Productivity

    Workers in Edinburgh are the most productive in Scotland, generating £27,600 a year each in 2006, the second highest figure in the UK.

    Property

    Availability of world-class, competitively-priced resenditial property is growing with many flagship developments underway. Edinburgh also benefits from a strong commercial property market.

    Quality of life

    Edinburgh has won more than 12 UK Best City awards in the last seven years and scores more than 90% satisfaction among local residents, the highest of any city surveyed by Mori.

    Reputation

    Edinburgh is Scotland´s capital city, home of the Scottish Parliament and the consulate core. Edinburgh is the world´s festival city, a World Heritage Site, the world´s first UNESCO City of Literature, a leading international financial centre, a recognised ´Ideopolis´ of knowledge and is renowned worldwide for innovation and cultural excellence.

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