Edinburgh lands Green Investment Bank

Edinburgh (pictured) will become the headquarters for the Government’s new Green Investment Bank, the Department for Business announced today. The bank will however be split, with the main transaction team located in London. The Department for Business said this move was made in order to “harness the strengths” of both cities. Business Secretary Vince Cable […]

Scottish MPs demand Scottish green bank

A group of cross party Scottish MPs has challenged the Department for Business over the final destination of the Green Investment Bank. Led by Scottish Environment Minister Fergus Ewing, the group argue that the city of Edinburgh is best placed due to its advanced history of finance. The letter to Business Secretary Vince Cable cites […]

Business bosses join Green Economy Council

The Green Economy Council has held its first meeting to discuss how government and industry can work together to support the transition to a low carbon economy. The council comprises business leaders from a cross-section of industries and sectors who will advise government on green-growth policies such as infrastructure, innovation, investment and unnecessary regulation. The […]