First Minister’s Question Time – in the Scottish Parliament am ar 26 Medi 2024.
I am aware that the recently published global financial centres index has recognised that Edinburgh continues to further its standing as one of the world’s leading financial centres. That is good news for all of Scotland, as is Glasgow’s success in climbing up through the rankings. Will the First Minister provide an update on how Scottish Government initiatives are supporting financial services in Scotland to thrive and develop, thereby creating new opportunities, well-paid jobs and sustainable growth?
A formidable amount of work is going on in that area. On Tuesday evening, I had the pleasure of addressing the ethical finance global summit dinner, which took place in Edinburgh, where there was an extensive range of investors who had come to Scotland for a three-day summit on green ethical investments. It was a tremendous showcase opportunity for the Government to engage with.
The Deputy First Minister responded to the report of the Scottish task force for green and sustainable financial services on Wednesday, and the Minister for Business opened the new fintech wing at the Edinburgh Futures Institute and marked the launch of the fintech Scotland festival.
I cite all that activity because it is indicative of the energy that the Government is putting into securing investment. The Global Ethical Finance Initiative has been many years in gestation, but we are now beginning to see the fruits of that activity as a consequence of the sustained focus and leadership of ministers in this Government. I am delighted to see the progress that has been made in Edinburgh and in the transformation in Glasgow’s position in the rankings, which has been significant. That demonstrates the strength of the Scottish financial services sector, of which we should be enormously proud.