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Tesco to create 200 finance jobs | Tesco to create 200 finance jobs |
(about 2 hours later) | |
Tesco is to create more than 200 new financial jobs in Edinburgh, the supermarket giant has announced. | Tesco is to create more than 200 new financial jobs in Edinburgh, the supermarket giant has announced. |
Tesco Personal Finance is also moving 250 staff to a new headquarters at the Interpoint building in the city's Haymarket area. | Tesco Personal Finance is also moving 250 staff to a new headquarters at the Interpoint building in the city's Haymarket area. |
Workers will relocate from the existing premises at Forthstone, South Gyle, in the second quarter of 2009. | Workers will relocate from the existing premises at Forthstone, South Gyle, in the second quarter of 2009. |
Tesco, which plans to create the new jobs over the next year, said Edinburgh was the "ideal" location. | Tesco, which plans to create the new jobs over the next year, said Edinburgh was the "ideal" location. |
Benny Higgins, chief executive of Tesco Personal Finance, said: "Tesco has made an important step by committing to expanding its financial services business from Scotland. | Benny Higgins, chief executive of Tesco Personal Finance, said: "Tesco has made an important step by committing to expanding its financial services business from Scotland. |
"Edinburgh is the ideal place from which to move what is already a successful business into the next stage of its development. | "Edinburgh is the ideal place from which to move what is already a successful business into the next stage of its development. |
"We have continued to attract some of the best talent from across the industry, both from within Scotland and from those looking to move here for the right opportunity. There is a real enthusiasm among our staff for being based in Edinburgh." | "We have continued to attract some of the best talent from across the industry, both from within Scotland and from those looking to move here for the right opportunity. There is a real enthusiasm among our staff for being based in Edinburgh." |
Edinburgh, particularly, is heavily dependent on the finance sector and this is a real shot in the arm Margaret SmithLib Dem MSP for Edinburgh West | |
Owen Kelly, chief executive of Scottish Financial Enterprise, said: "This is an exciting announcement, and a great reminder that Scotland remains an important global financial centre, with the people and skills to attract new business. | Owen Kelly, chief executive of Scottish Financial Enterprise, said: "This is an exciting announcement, and a great reminder that Scotland remains an important global financial centre, with the people and skills to attract new business. |
"Tesco Personal Finance's decision to create its headquarters in Edinburgh, along with hundreds of new jobs, is a real boost for the city." | "Tesco Personal Finance's decision to create its headquarters in Edinburgh, along with hundreds of new jobs, is a real boost for the city." |
Scottish Finance Secretary John Swinney said it showed that Scotland continued to enjoy a "global reputation" for excellence in banking services. | |
"Despite a global economic downturn and severe challenges facing parts of the financial services sector, there continue to be opportunities for growth," he said. | |
"The Scottish Government is determined, through our economic recovery programme, to ensure Scotland is well placed to take advantage of those opportunities, to support the industry as a whole and the wider Scottish economy." | |
Lib Dem MSP for Edinburgh West, Margaret Smith, said she hoped it would be the first of many positive announcements in the sector. | |
"Edinburgh, particularly, is heavily dependent on the finance sector and this is a real shot in the arm," she added. | |
Scottish Secretary Jim Murphy said it was good news for the capital and Scotland. | |
"Companies like Tesco Personal Finance set up and expand in places like Edinburgh because we have the people and financial expertise that is hard to match anywhere else," he said. | |
"This news is a timely reminder to some that Scotland remains a leader in the world of finance." |
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