MSPs in bid to get bank HQ in city

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MSPs have joined forces to campaign for a major bank to have its headquarters in the Capital.

A letter, signed by five Scottish Parliament politicians, calls for the Green Investment Bank to move to Edinburgh. It has been sent to the UK’s Business Secretary Vince Cable, signed by – among others – Conservative MSP Mary Scanlon.

If successful, the appeal would lead to the creation of up to 70 jobs, with the document arguing that Edinburgh’s ready-made financial infrastructure should make it one of the favourites.

It reads: “Edinburgh has a unique business ecosystem which will fully deliver the mission and each of the different functions of the Green Investment Bank.

“Edinburgh’s business and civic community consists of a highly-advanced network of financiers, developers, investors, asset managers, researchers, academics, think-tanks and government agencies, all involved in the successful development and delivery of green infrastructure.”