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Edinburgh is nominated as the top city for inward investment and Scotland will build 50,000 new affordable housing by the end of this parliament.

27 February 2018

Edinburgh has been adjudged the UK’s most appealing city for inward investment in a study conducted by global design and engineering consultancy Arcadis.

Investment appeal in the UK

Based on six elements deemed crucial for attracting future foreign investment – business environment, workforce skills, infrastructure, housing, ‘place’ and city brand – the report, ‘Investing in Britain: Cities Built for the Future’, assessed 24 cities across the country.

Edinburgh emerged top of the rankings largely because of its strong economic performance, its high proportion of skilled and educated workers, and its strong sense of ‘place’.

The leading university cities of Oxford and Cambridge occupied second and third positions in the rankings while London only came in seventh, scoring poorly in areas such as affordable housing and traffic congestion. In fact, the lack of affordable housing was found to be a downside in six of the top 10 cities, including Edinburgh.

NEW RESEARCH HAS revealed that Scotland is on course to achieve its pledge of delivering the biggest boom in new social housing since the 1970s.

An independent report commissioned by Shelter Scotland, the Scottish Federation of Housing Associations (SFHA) and Human Rights Commission Scotland found that the Scottish Government is on course of meeting its target of building 50,000 affordable homes over the lifetime of the Scottish Parliament.

The data predicted that 49,773 new social housing units will be built by 2021, of which this will make up 96 per cent of the total for new build in council housing.

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