Green bank backing rises

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A LEADING figure in Scotland’s financial services industry has spoken out in favour of basing the new Green Investment Bank in Edinburgh.

Mark Tennant, chairman of industry body Scottish Financial Enterprise, said: “Increasingly, Scotland is becoming a world-renowned centre for alternative energy. It is critical to the UK as a whole that we co-locate the financial engine which will drive the sector with the sector itself – ie up here in Edinburgh. We have the skills, the people and the environment to drive this critical industry forward.”