U.K. Green Bank Will Have Base in Edinburgh, Jobs in London
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The headquarters of the U.K.’s Green Investment Bank will be in Edinburgh, with the main transaction team based in London, Business Secretary Vince Cable said.
The bank is expected to be fully operational later this year subject to getting European Commission approval for state aid, Cable said in an e-mailed statement today. Most of the 50-70 jobs will initially be in London, though the employees are eventually expected to be split equally between the two cities.