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Edinburgh's Green Investment Bank bid made to Government

A delegation from a group calling for the UK Green Investment Bank to be located in Edinburgh has made the case to government ministers.

The Edinburgh Green Investment Bank Group has met the secretary of state for Scotland Michael Moore and business secretary, Vince Cable and Treasury officials, where they presented the business case for Edinburgh.

The Edinburgh Green Investment Bank Group is made up of business leaders from industry, academics and experts within the financial services sector. The campaign also has the support of Scottish Renewables, Scottish Financial Enterprise, Northern Ireland Chamber of Commerce, Scottish Council for Development and Industry, Scottish Chambers of Commerce, Scottish Development International and Scottish Enterprise.

Speaking after the meeting, Moore said: “I am aware of the hard work which has gone into preparing the business case for taking the Green Investment Bank to Edinburgh where it will be able to serve the whole of the UK.I have consistently said I think it makes sense to have it in Scotland because of the unique strengths we have in terms of finance sector, the energy industry and research and I will now look at the city’s bid in detail. I will continue to argue the case for Scotland within the UK Government over the coming months.”

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