Topping the charts for economic performance, as well as being recognised for having a strong quality of ‘place’ and high proportion of skilled and educated workers, Edinburgh has a huge amount to recommend it to potential investors.
Edinburgh is performing well...but we can’t afford to be complacent...This will ensure that investment opportunities are focused on helping to accelerate growth.Graham Hill, Cities Executive for Scotland, Arcadis
The Scottish capital’s strong economy, and innovative culture are among the factors which have placed it ahead of the likes of London, Oxford and Cambridge in the report by global consultancy Arcadis.
However, London’s position in 7th place, behind smaller regional cities including Liverpool (4th) and Coventry (5th), highlights the challenges associated with sustaining the growth of some of the UK’s most established economic centres, as the propositions of regional cities increasingly offer greater appeal to inward investors.
The results are according to the latest Arcadis report, “Investing in Britain: Cities Built for the Future”. The study ranks 24 of the UK’s key cities based on their performance across six key pillars deemed crucial for future inward investment and growth potential. These are: business environment, workforce and skills, infrastructure performance, housing, place and city brand.
The report identifies three distinct groupings of cities, representing different economic profiles and subsequently a city’s ability to sustain its attractiveness to future investment. These are: Established Economic Centres, Future Growth Hubs, and Smaller Regional Cities.
To discover more, please find the Arcadis report here.