Our company’s Managing Direct Uisdean Fraser was chosen to appear in a video showcasing innovation in business which was shown today at the 19th State of the Economy Conference in Glasgow. The conference run by Glasgow City Council featured speeches from senior political leaders and key industry experts, highlighting another successful year for Glasgow.
At the conference it was announced that the city aims to have 50,000 new jobs and an additional 1000 new businesses by 2023 as well as aiming to increase the number of tourists visiting the city from two million to three million each year, growing tourism earnings by almost £185m. An increase of one million visitors a year will require an additional 2500 hotel beds. To ensure the city remains at the cutting edge of innovation plans were also announced to launch Scotland’s first city innovation district, in the city centre. The area around the Technical Innovation Centre near George Square already has £150million initial capital investment and an innovation programme worth £250m. The theme for this year’s conference is Glasgow is Open for Business. The city recently launched a major Brexit report and the launch of the new economic strategy offers a clear direction on how Glasgow will meet the challenges of leaving the European Union.
The new Glasgow Economic Strategy 2016-2023 will ensure the city’s continued growth post-Brexit. For the first time, the strategy to grow the city’s economy been linked to the city’s social policies and its key challenges on health and poverty.