This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
The Secretary of State for Scotland Alistair Carmichael has welcomed the news that Tesco Bank will create 300 new jobs in Glasgow and Edinburgh. Today’s announcement adds to the 3,300 people that Tesco Bank currently employ in Scotland.
Mr Carmichael said:
Today’s announcement from Tesco Bank is great news for Scotland. It is a strong endorsement of the skills and expertise that the workforce in Glasgow and Edinburgh possess and their qualities as places to do business.
Scotland is a strong and attractive location for financial services business. We greatly benefit from the large and highly integrated UK market and the UK’s position as a global leader in financial services. This gives regulators, firms and individuals confidence to invest as today’s announcement underlines.