Andrew Burns CSPP

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Councillor Andrew Burns

Council Leader The City of Edinburgh Council

Friday 12th April 2013

Fuelling the engines of economic growth

Opening Seminar: The Capital City Region

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Edinburgh’s Strategy for Jobs and Growth 

• Some facts and figures

• Investment and growth

• A Strategy for Jobs

• Ongoing challenges

• Summary

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Edinburgh’s Key Facts

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Edinburgh is the

most prosperous UKcity after London

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We ranked 1st on Gross Value Added per Resident in 2009*

Source:OfficeofNationalStatistics,RegionalGVA

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Foreign Direct Investment in Major UK Cities * (2011)

* London = 375 projects, 18,468 jobs

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 And more to come - the HQ of the new UK Green Investment Bank!

Financial Services

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Edinburgh’s Key Sectors

Financial Services

Science & Technology

Renewable Energy

Creative Industries

Tourism

Retail

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Investing in Jobs: Spatial Development

•Forth Replacement Crossing (£1.45-£1.6bn)

•Tram (£776m)

•Edinburgh Glasgow Improvement Project (£650m)

•Borders Railway (£300m)

•Waverley Station Upgrade (£130m)

•Haymarket Station Interchange (£25m)

•Edinburgh Gateway Interchange (£35m)

•Edinburgh Airport Enhancements 

£3.35bn Investment in Infrastructure

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Tram

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Airport

Arena 

RHS

IBG

RBS

Edinburgh ParkInterchange

Tram 

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City Centre Developments

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Haymarket

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Charlotte Square & George Street

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Rose Street

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Atria, Caltongate, Advocates Close

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Apple

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•Tram Delivery and Post Tram City

Centre Project : Operational in 2014

•Transform the public realm along theTram route and at key locations including

Charlotte Square, George Street,

Chambers Street… 

•Support Essential Edinburgh: BID

established in 2008 following successful

ballot of businesses. 622 businesses

within BID area. Renewal ballot May 2013

•Continued support for city centre

promotion and marketing 

•Appearance Matters: Clean, green,

safe,vibrantand attractive

•Events and exhibitions e.g. Britain from

the Air in Spring 2013

•Encourage high quality development

including the completion of the St JamesQuarter 

Priorities for Prosperity

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A Strategy for Jobs

The First Six Months

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1

2

3

4

5

  J  a  n  -   0   9

  J  u   l  -   0   9

  J  a  n  -  1   0

  J  u   l  -  1   0

  J  a  n  -  1  1

  J  u   l  -  1  1

  J  a  n  -  1   2

  J  u   l  -  1   2

  J  a  n  -  1   3

Edinburgh Scotland

Job Seekers Allowance Claimant rate in Edinburgh and

Scotland 2009-present

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5

10

15

20

25

30

35

40

   2   0   0   3

   2   0   0  4

   2   0   0   5

   2   0   0   6

   2   0   0   7

   2   0   0   8

   2   0   0   9

   2   0  1   0

   2   0  1  1

   2   0  1   2

   2   0  1   3

FDI projects in Edinburgh annually

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Source of Employment

-500

-700

-2,500

0

4,700

1,500

13,000

3,100

2,300

20,900

-5,000 0 5,000 10,000 15,000 20,000 25,000

Agriculture & fishing

Energy & water

Manufacturing

Construction

Distribution, hotels & rest

Transport & Communication

Banking finance & insurance

Public admin educ. & health

Other services

Total

Jobs change in Edinburgh 2012-22

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Investing in Jobs: Investment Support

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Investing in Jobs: Business Support

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Investing in Jobs: Incubation

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Investing in Jobs: Employment Support

1,000 additional opportunities

852 jobs identified (290 delivered)

 Active relationships with 150 Cos

Linking with Business Gateway

108 apprentices in the Council

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Investing in Jobs: Employment Support

“It sounded like a great opportunity. It was a way to

get into something I was actually interested in, and to

learn more skills. It helped me massively; before I

 joined IYP I wasn’t able to get into my chosen field as I

had no experience and I didn’t have the right skills.”  

Erin Boyle was referred to Inspiring Young People by Edinburgh

College

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Challenges 

• Growth Plan / City Investment Fund

• Retail sector

• Green economy

• City image

S tti h Citi Alli

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Scottish Cities Alliance

(and their regions?)

City Investment(SDI, SE)

VisitorEconomy

RenewableEconomy

Edinburgh •West

Edinburgh

•Bioquarter

•EICC

•Arena

Waterfront

Financial

renewables

hub

Dundee Waterfront V&A Energy Park

Glasgow Office

Development

Etc Etc

Aberdeen

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Thank you

Councillor Andrew Burns

Council Leader 

[email protected]