Economic Study Confirms IFSD Achievements

05 Jan 2012

Glasgow's International Financial Services District (IFSD) has attracted 15,500 jobs over the past ten years. The jobs figure is one of a number of key statistics published in an economic study, commissioned by Scottish Enterprise, to coincide with the District's tenth anniversary.

On the list of companies creating jobs in the IFSD over the past ten years are some of the biggest names in global finance including Morgan Stanley, JP Morgan, Barclays Wealth, BNP Paribas, HSBC, esure and Aon.

The new study, undertaken by EKOS, also confirmed that, over ten years, since the IFSD's launch in 2001, 2.75 million sq ft of new or significantly upgraded Grade A office space has been created in the IFSD, along with 1,600 hotel rooms, 700 residential apartments and 100,000 sq ft of retail and leisure floorspace.

Speaking at a networking event to mark the tenth anniversary of the IFSD, Stuart Vann, esure's chief operating officer, confirmed esure would recruit 150 people in Glasgow over the next two years, including roles to support its recent new venture, esure Broker. He said, "Glasgow is resilient, it is superbly resourced, it has the right infrastructure, the right people and quite simply, the right attitude for business."

  • Image of Speakers at the IFSD 10th Anniversary