Glasgow - in competition with over 300 cities across the
continent - has been ranked the top large city in Europe for
foreign direct investment (FDI), according to a report by fDi
Intelligence (part of the Financial Times portfolio).
The European Cities and Regions of the Future 2020/21 report
ranked Glasgow as number one within Europe in the Large City
category for FDI Strategy. In addition to this ranking, Glasgow
retained its 7th position as Best Large City overall, is 4th for
Business Friendliness and climbed the rankings for Connectivity to
7th position.
In a welcoming statement, Councillor Susan Aitken, Leader of
Glasgow City Council, referred to the continuing growth of the
city's financial services community. She said: "This is a great
achievement and something that has come about through the hard work
of the council and our many partners. An environment that is
friendly to and supportive of business investment has been created,
attracting a number of major new developments including Barclays in
Tradeston and JPMorgan Chase on Argyle Street (pictured).
These investments bring thousands of jobs and increased economic
activity to Glasgow, in turn attracting further investment that can
benefit the whole of the city."