The financial and business services sector is a major source of jobs and a significant contributor to economic growth for the Borders Rail area.
Financial and business services
Scotland is internationally recognised as the most important UK financial centre outside London and the South East, with a breadth of services including global custody, asset servicing, banking, investment management, corporate finance, general / life assurance and pensions.
Edinburgh is the UK's second largest financial centre, a major European centre for asset management and asset servicing and home to the global headquarters of The Royal Bank of Scotland and the UK headquarters of the UK Green Investment Bank.
Major assets include Edinburgh city centre and the Exchange District - including major companies such as Scottish Widows, Standard Life, Tesco Bank, Clydesdale Bank, Hymans Robertson, and Lloyds Banking Group.
The financial and business services sector is one of the most significant employers in the Scottish Borders. It accounts for over 10 per cent of the area’s business base.