Economic Resilience Action Plan
The
City of Edinburgh Council has set out a broad strategy for
action as it rises to the challenges currently affecting the
world's economy.
An innovative
Economic Resilience Action Plan includes measures to help
safeguard jobs, provide targeted business support and stimulate new
inward investment in key sectors. Proposals include:
- stimulating £100M new investment in Edinburgh, with an
innovation team to promote diversity away from existing key
sectors
- providing more support for businesses looking to expand
existing operations or relocate to Edinburgh
- setting up rapid redeployment teams to secure job and training
opportunities and providing support into self-employment
- developing a public sector-backed 'home loans' scheme to help
first-time buyers and acquiring 'unsellable' homes from developers
for rent
- saving at least 10% of council fuel, energy and food costs
through efficiencies.
A cross-party working group has been set up to implement the
action plan and address the economic challenges facing the
city.
