Scotland has called on the UK government to provide “clarity” on the sale of the Green Investment Bank (GIB), which is headquartered in Edinburgh.
Cabinet Secretary for Economy, Jobs and Fair Work Keith Brown said he has secured an assurance from the UK government that the strategic importance of the GIB to Scotland is being “fully considered as part of discussions around its privatisation”.
Brown added he has repeatedly urged the UK Minister of State for Climate Change and Industry Nick Hurd to “ensure that any negotiations with a preferred bidder prioritise Scotland’s interests”.
Brown said: “The UK government continues to proceed with the sale of the Green Investment Bank, offering the Scottish government little in the way of consultation or clarity.
“Foremost among my concerns is the importance of retaining the Bank’s Edinburgh headquarters and the 55 highly skilled jobs it supports.
“The lack of transparency around the sale creates significant concern and uncertainty for staff, and the sector more widely.”
Image: Holyrood (Scottish Government)


