International Financial Services District

International Financial Services District

The International Financial Services District (IFSD) is a ten year project within the city of Glasgow in Scotland to create a highly attractive inward investment location for leading international financial services companies and a re-location option for existing Glasgow-based companies, seeking to expand their operations.

Prior to the launch of the IFSD in 2001, the long-term decline of the shipbuilding and warehousing industries had resulted in a neglected infrastructure in Glasgow’s west city centre area, otherwise known as the Broomielaw. The result was a small number of isolated modern offices, standing adjacent to derelict land and vacant dilapidated buildings.

Planning led by Scottish Enterprise Glasgow and Glasgow City Council, aimed to create a new, dynamic focus for the area’s regeneration, through the establishment of the IFSD.This was an important development of Glasgow’s financial services sector, which, with 28,000 employees, was recognised as vital to the city’s economic fortunes. In order to develop a fully serviced financial services district and exploit its long term potential, significant investment was required to create the right environment.

Since the launch of the IFSD, over 14000 jobs have been committed to the area. This includes several of the world’s leading financial companies who now have a presence in Glasgow - Morgan Stanley, JP Morgan, esure, Goldfish, BNP Paribas and Barclays Stockbrokers. During 2005, Clydesdale Bank, ACCA, SQA, Learning Teaching Scotland, Aon Corporation, Direct Line, First Data and Weir Group were among the organisations confirming plans to take up space in the District.

A constant stream of new buildings has rapidly appeared in the IFSD since 2001, with many more in the pipeline.

The Aurora building in the IFSD has won several UK wide awards as large scale specualtive office building.

It is planned to be served by Clyde Fastlink.


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • PNC Financial Services — Group, Inc. Type Public Traded as NYSE: PNC …   Wikipedia

  • Dubai International Financial Centre — The Gate Building at DIFC Industry Banking, Financial Services …   Wikipedia

  • District heating — Biomass fired district heating power plant in Mödling, Austria …   Wikipedia

  • Financial Centre — A financial centre is a global city that is a company and business hub, as well as being home to many world famous banks and/or stock exchanges.Financial centres have existed throughout history in ancient centres such as Babylon, Constantinople,… …   Wikipedia

  • International Hall, London — International Hall is a hall of residence owned by the University of London and situated on Brunswick Square in the Bloomsbury district of London. It is an intercollegiate hall, and as such provides accommodation for full time students at… …   Wikipedia

  • Basildon (district) — The Basildon district is a local government district in south Essex in the East of England, centred around the town of Basildon. The district was formed under the Local Government Act 1972 on April 1, 1974 by from the Basildon Urban District… …   Wikipedia

  • international relations — a branch of political science dealing with the relations between nations. [1970 75] * * * Study of the relations of states with each other and with international organizations and certain subnational entities (e.g., bureaucracies and political… …   Universalium

  • International Harvester strike of 1979–1980 — The International Harvester strike of 1979–1980 was a strike by the United Auto Workers (UAW) against the International Harvester (IH) company over work rules. The strike began on November 1, 1979,Flamholtz and Randle, Changing the Game:… …   Wikipedia

  • District of Columbia voting rights — Satellite view of the District of Columbia in relation to the states of Maryland and Virginia. Voting rights of citizens in the District of Columbia differ from those of United States citizens in each of the fifty states. District of Columbia… …   Wikipedia

  • International Military Tribunal for the Far East — Tokyo Trial redirects here. For the film, see Tokyo Trial (film). International Military Tribunal for the Far East was convened at Ichigaya Court, formally Imperial Japanese Army HQ building in Ichigaya, Tokyo. The International Military Tribunal …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”