City ‘right for green bank’

EDINBURGH is the “natural home” for the Green Investment Bank, the Liberal Democrats’ conference has been told.

By The Newsroom
Wednesday, 21st September 2011, 3:22 pm

Edinburgh West Lib Dem MP Mike Crockart told delegates in Birmingham: “The Green Bank will be a crucial tool in the fight to rebalance our economy. It will start with £3 billion, which will unlock a further £15 billion of private sector funding over the next four years.

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“It is logical the bank should be based in the heart of the green energy industry “Edinburgh is the fourth largest financial centre in Europe, as well as having world class universities and energy research and expertise. Edinburgh is the natural home for the Green Investment Bank.”