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  • International hotel group Marriott has chosen Edinburgh for the opening of its first Residence Inn apartment hotel..., lunes enero 30 2012

    International hotel group Marriott has chosen Edinburgh for the opening of its first Residence Inn apartment hotel. Director of Sales David Martin explains the concept and rationale...

    What is the Residence Inn by Marriott?

    We're the leader in the extended stay accommodation market. In layman's terms that's guests who stay for five consecutive nights or more. The average length of stay in a normal hotel is two to three nights. Our market is primarily corporate – for example guests relocating or doing project work – but we have a real mix with leisure travellers too. We have what we call four length of stay tiers, so it becomes cheaper the longer you stay: 1-4 nights (currently £95 per night); 5-11 nights (currently £89 per night); 12-29 nights (currently £79 per night and 30 nights or more (currently £69 per night).

    What do you offer?

    We have 107 studio, superior studio and 1-bed suites. They all have a kitchen area including kettle, toaster, microwave, dishwasher, fridge and crockery. Even the smallest rooms are more spacious than an average hotel room and have iPhone/iPad docking stations and flatscreen TVs. We offer a small select menu in the bar-lounge area, free hot/cold breakfast buffet, a grocery delivery service and catalogue of delivery menus.

     

    Why have you chosen Edinburgh for your first UK opening?

    We chose Edinburgh because it is a hub for the corporate market and also the leisure market, so it really fitted in with our model. The site and location at Quartermile in Edinburgh were also ideal for what we needed. We have over 620 Residence Inns in North America, so it's huge and we're by far the market leader in extended stay. We opened our first European Residence Inn in Munich back in October and have also just opened in Bahrain.

    How do you feel about this opening and what's your vision for the business?

    We're very excited and delighted that we've now opened the hotel after a lot of planning and preparation. We want Residence Inn to become the leading extended stay accommodation provider in Edinburgh, and a highly recognised brand across the UK with the potential for future openings around the country.

  • US energy consultancy Sheffield Scientific opens new office in Edinburgh recruiting up to 10 staff, lunes enero 23 2012

    US energy consultancy Sheffield Scientific has opened a new office in Edinburgh and is recruiting up to 10 staff. John Creasey, the company's Vice President of Europe, Middle East and Africa, explains more...

    What do you do and what kind of recruits are you hiring?

    We help utility companies improve the maintenance and compliance of their assets, from pumps to power stations, through optimal use of their asset management software systems. It's an extremely specialised area that requires a lot of experience.  We're looking for business analysts – people who understand asset management from a business perspective – and software specialists, who understand both the software and hardware associated with work of this nature. We're looking for 10 to 15 people initially, but that could easily double.

    Why Edinburgh?

    The company launched in May 2010 in Houston, Texas and has been an enormous success. Europe is the next logical step for the company to expand its business and the Edinburgh office will cover all of Europe and the Middle East. We're already working with most of the major utilities in the UK and several in Europe. I joined Sheffield Scientific in October after 35 years working for British Energy (the East Kilbride-based nuclear power generator, now part of French energy group EDF) and live in Dunbar, so Edinburgh is local for me. It's also a good place to do business and a nice address to have.

    Why is what you do important?

    Every utility is regulated, whether their business is pharmaceutical, petrochemical, electricity generation, nuclear or fossil fuel. It's their asset management systems that allow the utilities to demonstrate compliance with regulatory standards.  Data changes all the time, more bits of plant come on stream, and the entire plant needs to be maintained. If companies didn't comply, the regulator would prosecute them.

    What's your vision for the business?

    We want to grow our talent locally where we are and currently have 60 full-time employees worldwide. Our vision for the business is for continuous growth and to exceed customer expectations with each engagement. In the words of our founder Martin Weinstein, we want to be a global conglomerate supporting asset management solutions and operation and maintenance standards worldwide.

     

  • Edinburgh Bicycle Cooperative last week announced plans to double in size by 2017 with the creation of 140 new jobs..., lunes enero 16 2012

    Edinburgh Bicycle Cooperative last week announced plans to double in size by 2017 with the creation of 140 new jobs. We spoke to Business Development Director Alan Nestor...

    Tell us about your business

    Founded in 1977, Edinburgh Bicycle Co-operative is a retailer of bicycles, bicycle related equipment and services. In the last 35 years we've grown from a single, small unit in Edinburgh's Causewayside to having the largest specialist bike store in the city and 5 other branches in Scotland and northern England (Aberdeen, Newcastle, Leeds, Manchester & Sheffield). Our online store edinburghbicycle.com was one of the first online bike catalogues when it was launched in 1996. We employ over 160 people, turn over around £11.5m and are structured as a workers' co-operative, one of the largest of its kind in Scotland.

    How and why are you expanding?

    While the economic picture and trading conditions are undoubtedly challenging, our members (shareholders) remain enthusastic and ambitious for our business. They passionately believe in cycling and our offer and are eager to spread our approach further afield. We're continuing a two-prong approach to development, including a major revision of edinburghbicycle.com, which we hope to launch in early spring 2012. We also expect to continue with our mix of acquisition and new openings for our bricks and mortar presence. Our approach is to adopt relentless high quality growth rather than hysterical expansion! We cannot and will not compromise our commitment and offer to our customers.

    What's the secret of your success?

    Engagement and understanding. As 75% of our staff have day-to-day direct contact with our customers, we have a responsibility to provide trustworthy, straightforward and consistent advice and service. As over 80% of our staff are shareholders and owners of the business, there's a high probability that when speaking to someone in our business, you are speaking to an owner. This is a huge advantage as our staff are invested and understand our business and product. Cycling is also increasing in popularity with growing concerns about health and fitness, transport and personal cost cutting.

    What's your favourite bike ride in Edinburgh?

    The daily commute back home! For recreational purposes, the testing route to Innerleithen along the old post road (running along side the A7) and back up the B709 (Innerleithen golf course road). It reminds you just how quickly you can get out of town and into the wilds and what a rewarding challenge cycling can be! (This link details the return leg.)

  • Edinburgh's Rose Street set to enjoy major makeover in pioneering project led by Essential Edinburgh, lunes enero 09 2012

    Edinburgh's Rose Street is set to enjoy a major makeover in a pioneering project led by Essential Edinburgh, the Capital's central Business Improvement District. Chief Executive Any Neal tells us more...

    What's the vision for Rose Street?

    The issue for Rose Street at the moment is that it's in the shadow of Princes Street and George Street, both of which have a clear identity. The plan for Rose Street is to give it its own personality, which should be something a little bit quirky. When we were doing our consultation, we identified different types of streets in other cities to give us clues, and the one most people liked was Carnaby Street in London's West End. It's in very close proximity to Oxford Street, Regent Street and Bond Street, but has its own quirky character, and that's the vision for Rose Street.

    What kind of improvements are planned?

    There was very clear feedback from the consultation that the number one issue in Rose Street is to sort out the traffic management issues. It is primarily pedestrianised in terms of the road surface, but lots of small delivery vans also use the street at any time of day. This is confusing for pedestrians and also causes huge damage to the road surface, buildings and street furniture. If it's to be pedestrianised, let's make it pedestrianised and restrict vehicles to a certain time - we've got one group looking at how to manage that.

    The second clear priority was to attract people to come down Rose Street by making the entrances more welcoming and inviting. So we're looking at a combination of permanent signage and also permanent and temporary lighting, including the possibility of projections onto the gable ends. The idea is to create the sense of something interesting going on down the street.

    The third priority is to create a marketing and promotional calendar of events to attract people into Rose Street. And if there's any money left after that, we'll be looking to improve the street lighting and street furniture.

    How is the work being funded?

    Essential Edinburgh is putting in £300,000. This is a levy raised from the 600 or so businesses in the Essential Edinburgh area. The City of Edinburgh Council are matching that funding. The Assembly Rooms and Primark are also providing some funding to the Council for infrastructure improvements in Rose Street as part of their recent significant building works - and this will be chipped in too.

    How important is this project?

    If you're a business in Rose Street it's absolutely crucial - because it's your livelihood. For Essential Edinburgh, it's one of our top two priorities in terms of an urgent need to make a difference to the city centre. We think Rose Street is a hidden gem in Edinburgh, and if we can attract more people to go down there they'll discover a whole group of interesting stores, restaurants and other outlets. So this project is about polishing that hidden gem.

  • City of Edinburgh Council launching ambitious new five-year economic strategy, lunes diciembre 19 2011

    The City of Edinburgh Council is launching an ambitious new five-year economic strategy focusing on 'Sustainable growth from investment in jobs.' Economic Development Convener Cllr Tom Buchanan shares his vision...

    What is the Economic Strategy?

    It's our new five-year plan to address Edinburgh's economic challenges and opportunities from 2012 to 2017. Our key targets are to support the creation and safeguarding of 20,000 jobs; to support £1.3 billion of infrastructure investment in the city and to help 10,000 people into work or learning. The strategy has been shaped in collaboration with partners including Edinburgh Business Forum and was informed by the biggest-ever economic analysis of Edinburgh City Region last year. The strategy will need to be ratified by the new administration after the local government elections next May.

    Why has is been created?

    Edinburgh is a successful, resilient city and our economy is predicted to grow steadily over the next ten years. But challenges remain, the biggest being a growing jobs gap. By 2018, there could be up to 37,000 more people looking for work in the city than there are jobs available. Tackling this jobs gap and creating the conditions for growth and jobs must be our number one economic priority.

    How will you do this?

    The Economic Strategy sets out four programmes of activity to achieve our goals. They are to invest in the city's physical development; to improve our success rate at attracting inward investment; to enhance the support services we provide to businesses and to help unemployed people into work or learning. We have detailed and accountable action plans for each of these programmes and for the first time will be involving every Council department in economic development – the idea being that it's everyone's business to be creating the conditions for new jobs.

    What's the vision for Edinburgh?

    Essentially it's about the 'three Cs'. Confidence – we want residents to be proud of the city and to feel that economic conditions are improving. Creativity – this is everything to do with being an inspiring capital and being highly innovative in areas including low carbon technologies. Common purpose – we need to work together to achieve success, so this is all about a sense of shared purpose, vision and leadership. Time and again we are told by investors that they are attracted to Edinburgh by its quality of life, its culture, its institutions, its skills and its history. With all this on our side, we believe Edinburgh will increasingly draw talent and investment from around the world, powering growth and jobs for Scotland.

  • Standard Life has become the first company to formally sign up to the Edinburgh Guarantee, lunes diciembre 12 2011

    Standard Life has become the first company to formally sign up to the Edinburgh Guarantee and offer roles for young people. Standard Life's Group People and Operations Director Sandy Begbie tells us more...

    Why are you signing up to this programme?

    The economic downturn has had a significant impact on young people with reduced opportunities and increased competition for jobs. Youth unemployment has risen by 97% in the UK and reached over 1 million last month. In Edinburgh, it's higher than many other parts of Scotland. We have signed up to this scheme as we recognise the need to do something about this ever-growing problem and because we see this as an opportunity to give young people an opportunity to gain life experience in a large financial services organisation. We appreciate that not only will the young people benefit from this, but Standard Life will benefit from bright individuals locally. This will also support our Sustainability agenda.

    What kind of jobs will you be offering and what skills will these involve?

    We're offering entry level roles across a variety of departments in Standard Life, Edinburgh. The placements will provide real work experience within our HR, Investments, International, Finance, Sustainability and Sales teams. The young people will work in an experienced team and learn administration skills and enhance their PC skills. We'll also help them to build their communication skills, team working ability and self confidence through development and coaching. We'll also support them with CV and interview techniques at the end of the internship.

    What's the criteria for candidates and how do people apply?

    Applicants will be asked to complete an online application form first of all. Individuals will then be chosen to go through a selection process including an interview and a group exercise. All candidates will get feedback after the assessment centre regardless of the outcome. The assessment centre in itself will provide good experience for those who haven't done something like that before.

    What inspires you most about the Edinburgh Guarantee?

    The aspect of the Edinburgh Guarantee that inspires me most is the passion and desire to make a difference. This is a pragmatic and local solution to the biggest social issue we face today. Standard Life are delighted to be actively involved.

  • Edinburgh is to get its first IMAX cinema following a deal with Cineworld - the UK's leading cinema chain..., lunes diciembre 05 2011

    Edinburgh is to get its first IMAX cinema following a deal with Cineworld - the UK's leading cinema chain...

    Why did you chose Edinburgh?

    Edinburgh is one the biggest cities in the UK yet to benefit from a local IMAX screen. With its heritage of culture, art and entertainment, Cineworld wanted to ensure that Edinburgh’s film fans were able to benefit from the most cutting edge film technology around. Cineworld IMAX Edinburgh represents the first of three IMAX screens to be installed at existing Cineworld sites, with additional openings at Cineworld Nottingham and Cineworld Sheffield scheduled for early 2012. These openings will bring the total number of IMAX theatres in the UK to 19, 16 of which are currently in operation.

    What's so special about the IMAX experience?

    The only screen of its type in the city, the IMAX at Cineworld Edinburgh will offer cinemagoers the most immersive cinematic experience for many a mile. With ground-breaking, crystal clear digital projection, cutting edge audio technology and one of the largest screens around, the IMAX Experience® will allow Edinburgh’s film fans to enjoy the biggest blockbusters like never before. Many of the biggest blockbusters, such as the new Mission Impossible movie, are being created especially for IMAX screens.

    Why have you formed this partnership?

    Cineworld has seen increasing demand for The IMAX Experience® throughout markets in the UK and Europe. IMAX also see us as an ideal partner for their brand, because of our commitment to state-of-the-art entertainment, top-notch customer service and market growth.

     

    What's on the programme in Edinburgh and when does it kick off?

    Our first IMAX screen will be opening at Cineworld Edinburgh on 21 December 2011. To mark the new partnership, the IMAX in Edinburgh will be showing advanced screenings of the much anticipated Mission Impossible: Ghost Protocol (main image) from the 21st of December, five days before the film’s UK nationwide release date.

  • The regeneration of Edinburgh's waterfront features alongside six other major cities at this week’s Waterfront Expo 2011, lunes octubre 31 2011

    The regeneration of Edinburgh's waterfront features alongside six other major cities at this week’s Waterfront Expo 2011 conference in Glasgow on 2-3 November. Sally Nelson, Waterfront Zone Manager at City of Edinburgh Council, gives us an update on progress...

    What has been delivered from the original masterplans?

    It's easy to forget that a lot of delivery has actually taken place in accordance with the masterplans of the three main landowners – National Grid, Forth Ports and the Council through its arms length company Waterfront Edinburgh Ltd. Developments delivered within the last 15 years include Ocean Terminal, Ocean Point (commercial office space); residential units at Western Harbour; Granton local centre with Morrisons; Telford College and the Scottish Gas HQ. Infrastructure is in place in Granton in the form of Waterfront Broadway, which means the sites in the area are now easily accessible and the Forthquarter park offers an attractive public space along with the waterside promenade.

    What's the current vision and likely future for Edinburgh's Waterfront?

    Market conditions mean the original masterplans are now being reviewed. The current vision identifies alternative opportunities, including potential for industrial development on Forth Ports land at Leith Docks. There is potential for renewable industries – which would benefit not just Edinburgh, but Scotland as a whole – and the expansion of the cruiseliner market. In Granton we're looking at strengthening the local centre with the addition of new leisure and retail and the development of small industrial units to add to the existing industrial space on offer.

     

    What impact has global recession had on the area's development?

    The lack of credit is affecting both occupiers and developers and therefore land values. This in turn has an impact on funding for infrastructure using developer contributions, some of which is now in question. Across the Waterfront new models for funding residential delivery are being used including National Housing trust funding for mid-market rent accommodation.  There is still developer interest in the area and recently a site has been sold (subject to planning) for a care home and residential use.

    What do we hope to achieve at Waterfront Expo?

    Three cities are working together (Glasgow, Dundee and Edinburgh) to promote Scotland as a whole, and the individual markets, but also to share best practice with UK and international delegates. Chicago have used tax incremental finance (TIF) to fund infrastructure projects and we can learn form their experience. Yokohama have faced deflationary pressure for well over 10 years and we can learn from their industrialisation of the port. The cities are looking to the future and seeking new funding models to deliver their proposals. They want to open debate about whether the original visions and masterplans are still appropriate in today’s changed world.

  • SELEX Elsag to supply the Scottish government to setup an emergency communications facility headquartered in Edinburgh, lunes octubre 17 2011

    Secure communications specialist SELEX Elsag is to supply the Scottish government with equipment and services to setup an emergency communications facility headquartered in Edinburgh after winning a government contract to provide satellite communications to a number of offshore islands. Terry Birch, Head of Engineering, and Trevor Bond, Head of Sales for Marine & Yacht Technologies, explain the background...

    What does SELEX Elsag do?

    In essence we provide secure and resilient communications solutions to both the civil and defence markets. The civil activities range from satellite communications systems for offshore oil and gas support providers through to public safety communications. SELEX Elsag UK is based in Basildon, Essex with a turnover of £120m and employing 700 people across a number of UK offices. We're part of the Italian-based Finmeccanica Group, one of the world’s leading suppliers of helicopters, aeronautics, defence electronics, space systems, defence systems, transportation solutions and power generation solutions.

    What's the background to this contract?

    The Scottish islands are currently served with fibre optic cables that carry millions of megabytes of data. But if these are severed – for example if a cable is trawled up and broken in extreme weather conditions – the island has no real communications link with the mainland. There is no instant fix for such an incident, so if someone is sick or there's another emergency, you've got an island with a considerable population that could be cut off for days. In these circumstances the obvious alternative is a satellite link. The Scottish Government has a duty to provide communications under some of these extreme conditions and has asked us to provide this satellite system, which will provide secure back-up if traditional communication networks fail.

    What does it involve?

    It involves a master control centre in Edinburgh into which Shetland, Orkney and the Isle of Lewis are linked via VSAT communications. VSAT (standing for Very Small Aperture Terminal) is a type of satellite technology that provides high bandwidths for voice and data communications and provides everything you'd expect from a normal communications network, including video conferencing. There will be three fixed satellite installations and one mobile satellite trailer that can be moved to other parts of the island or airlifted to the mainland if required. The system can be expanded to cover other sites in the future.

    How important is this win for your business?

    It's very important to the business – not only because we already have a considerable presence in Scotland through providing the same technology into the oil and gas support services sector – but because we're also looking to provide similar technology to the Scottish fishing fleets. So Scotland is a very important strategic market for us at SELEX Elsag.

     

  • Online accounting software firm FreeAgent is expanding after securing more than £2m from investors, lunes octubre 03 2011

    Online accounting software firm FreeAgent is expanding after securing more than £2m from investors. Chief executive Ed Molyneux, who set up the Edinburgh-based business in 2007, tells us his story...

    What is FreeAgent?

    FreeAgent is an online accounting application that lets you send invoices, track time and expenses, analyse bank statements and build real-time accounts – all done simply with no confusing accounting jargon. Our customers say it puts them back in control of their business finances, and even makes doing the books fun. We were voted Best Small Business Accounting Application in the 2010 Software Satisfaction Awards.

    How did the company start?

    After university I spent 11 years flying with the RAF. I left in 2002 and set myself up as a defence technology consultant, and it was my experience dealing with my accountant that led me to eventually build the first version of FreeAgent. I felt it was a ridiculously manual process – lots of spreadsheets – and there had to be a better way. So in Feb 2007 – with my co-founders Olly Headey and Roan Lavery – we started the company and got the initial public version to market about six months later.

    How is business?

    Business is great. The number of paying subscribers is growing exponentially (over 12,000 now) and we’ve just raised a significant round of external investment to accelerate growth even more. At the moment we’re working on growing the team so we can get more done. We’ll be hiring across marketing, business development, support and engineering, and it’s critical that we attract more of the kind of amazingly talented people that we already have. Although tough to start with, we’ve found Edinburgh to be a fantastic source of employees across both technical and non-technical disciplines. We’ve also managed to persuade candidates to relocate up here from down south, such are the attractions of the city!

    What's the vision?

    Our vision is ‘Democratising Accounting’ – putting real financial understanding and control in the hands of freelancers and small-business owners everywhere. It’s a pretty ambitious goal, but we feel a very important one as so many businesses’ are dangerously disconnected from their finances.

    Our product development efforts are aimed at streamlining and simplifying even more kinds of accounting processes. That’s tricky to do when we have to consider some very intricate accounting effects, but it’s vital to keep the complexity ‘under the hood’ to maintain a simple, user-friendly interface.