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February

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Glasgow named European city of the future

Glasgow – in competition with over 300 cities across the continent – has been ranked as the top large city in Europe for foreign direct investment strategy, according to a report published today 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 foreign direct investment (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.

This is a biennial award, with Glasgow moving up from second in the rankings in 2018.

“Glasgow’s ranking as the top European city for foreign direct investment 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. 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.”

Councillor Susan Aitken, Leader of Glasgow City Council

For more information and to download the full report, please visit the fDi Intelligence website.


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