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SFE Chief Executive, Sandy Begbie comments on the UK Budget
SFE Chief Executive Sandy Begbie responds to the UK Budget, welcoming some of the measures announced while raising concerns over increased taxes on the banking sector and the government's approach to supporting economic growth. He highlights the potential impact on investment, business confidence and the long-term competitiveness of Scotland and the wider UK economy.
SFE CEO calls for reset in relations between UK and Scottish government, to deliver on growth ambition
Scottish Financial Enterprise’s growth strategy update shows Scotland’s financial and professional services sector has created 21,000 additional jobs since 2023, while increasing its economic contribution to £17.7 billion. Our chief executive Sandy Begbie CBE is calling on the UK and Scottish governments to work together to build on this progress and support further growth.
Edinburgh Reclaims Top 30 Status In Global Financial Rankings
Edinburgh has risen in the latest Z/Yen Global Financial Centres Index (GFCI), climbing four places to rank 28th globally. The move sees Scotland’s capital break back into the world’s top 30 financial hubs, reinforcing its reputation as a premier destination for asset management and Fintech.
No time to lose: Reasserting UK leadership in financial and related professional services
A new report from TheCityUK and PwC calls for faster, more decisive action to strengthen the UK’s competitiveness as a global financial centre. Download the report here.
Accelerating growth in Scotland’s financial services sector
Scotland’s financial services sector could boost GVA by 21% and create 16,000 new jobs by 2028, according to new research from EY.
The report highlights Scotland’s strengths in talent, innovation, and cost competitiveness but also outlines key barriers to growth, including high personal tax, limited R&D support, and challenges surrounding attracting top-tier international talent.
Scottish Financial Enterprise responds to Mansion House speech
Click here to read SFE’s response to the chancellor’s Mansion House speech and the Leeds Reforms.
Scottish Financial Enterprise responds to Programme for Government
Click here to read what our CEO, Sandy Begbie had to say on the new Programme for Government.
Scottish Financial Enterprise responds to Chancellor’s Spring Statement
Click here to read what our CEO, Sandy Begbie had to say on the Chancellor’s Spring Statement.
Scottish cities shine in latest Global Financial Centres Index
Edinburgh and Glasgow have boosted their positions as leading global financial centres, according to the latest Z/Yen Global Financial Centres Index, the leading measure of international financial centres.
Op-ed in The Times on infrastructure and attracting investment
Writing in The Times, our Chief Executive Sandy Begbie discusses Scotland’s global brand and the role of our cities and infrastructure in attracting inward investment. Read the full piece here.