UK Government initiative to accelerate investment in Scotland

Cities and regions initiative to ‘enhance capability, attract investment, and accelerate growth for the benefit of all of Scotland’

Business leaders joined representatives from the UK Government and Scottish local authorities yesterday [Tuesday 20 January] at the launch of a new initiative to boost investment in Scotland’s eight cities and its regions. 

As part of Scottish Cities Week 2026, Scotland Office Minister Kirsty McNeill launched the Scotland Investment Acceleration Programme at an event bringing together Scottish city leaders, investors, finance sector stakeholders, and officials from the Scotland Office, Department for Business and Trade and the Office for Investment.

A collaborative initiative between the UK Government, TheCityUK and the Scottish Cities Alliance (SCA), the Scotland Investment Acceleration Programme will provide structured support, technical guidance and market intelligence to enable local authorities and cities attract inward investment from around the globe.

Scotland Office Minister Kirsty McNeill said: “Scotland’s cities and regions hold immense potential for inward investment: We have the talent, the ingenuity, and the resources.

“This is about building a competitive advantage for Scotland, ensuring our regions and communities are ready to secure the vital capital that drives growth and creates jobs. Together, we will enhance capability, attract investment, and accelerate growth for the benefit of all of Scotland.”

Cllr Raymond Bremner, Chair, Scottish Cities Alliance and Leader, Highland Council said: “Scottish Cities Alliance is proud to support the Scotland Investment Acceleration Programme. Building capability and fostering collaboration between governments, investors, and our Scottish city partners is essential to unlocking transformative investment. 

“Through initiatives like Scottish Cities Week London, we champion inclusive, sustainable growth and showcase Scotland’s strengths to ensure our cities thrive in a competitive global economy.”

Miles Celic OBE, Chief Executive Officer, TheCityUK, said: “Scotland’s world-class financial and professional services are key drivers of growth and innovation and a core element of the wider British industry.

“We are excited to team up with our public sector partners to boost investment and enhance collaboration between industry and government. This partnership will unlock new opportunities, create high-value jobs, and ensure Scotland remains at the forefront of the UK’s international competitiveness.”

The Programme will run throughout 2026, starting with the inaugural Scottish Cities Week Round Table in London, and continuing through events in Scotland.

It will include teach-ins, workshops and webinars to build local authority leaders’ knowledge and capacity, technical sessions on investor expectations and project assessment criteria, guidance to help strengthen investment propositions, networking and peer learning forums to foster collaboration and share best practices, and support for showcasing opportunities and major investment events.

At the Whitehall launch event today, Minister McNeill highlighted The UK’s Modern Industrial Strategy – a 10-year plan geared towards making it quicker and easier for businesses to invest in growth-driving sectors. 

Recent UK Government initiatives and funding streams that benefit Scotland were also highlighted to attendees, such as the £140 million Local Growth Fund and £280 million Pride in Place Programme to support improvements in Scotland’s most deprived areas.

Participants heard expert insights on Scotland’s appeal to institutional capital, explored innovative financing approaches for local development, and engaged in open discussions to address current challenges and share practical experiences.

Scottish Cities Week is the Scottish Cities Alliance’s annual flagship event targeting London-based investors, developers, and partners to showcase growth opportunities in Scotland’s cities.

Events lay the foundation for collaboration between Scottish cities and the UK and Scottish governments to boost investor confidence.

The roundtable was attended by stakeholders from Barclays, The CityUK, Scottish Cities Alliance, City of London Corporation, Phoenix Group, Scottish Cities Alliance, Aviva, Blackrock.

Edinburgh Napier researchers launch ‘smart city playbook’ for United Nations

‘Managing smart city governance’ draws on Scottish examples of harnessing digital technology

A new United Nations resource to help cities around the world harness the benefits of digital technology has been completed and launched by researchers at Edinburgh Napier University.

Managing smart city governance’ is described as a playbook of practical recommendations to improve urban life with the use of cutting-edge tech.

Professor Luca Mora and Dr Paolo Gerli from ENU’s Business School led the research team behind it, offering practical guidance to local and regional governments leading ‘smart city’ projects. Existing examples include real-time monitoring of traffic data, and online platforms to enhance civic participation.

The recommendations are intended to help develop more effective, inclusive, and sustainable urban areas, by showing how cities worldwide have been successfully dealing with the ethical, societal and environmental implications of digital technologies.

The final publication draws on examples from Scotland for cities in other parts of the world to follow, including the collaborative Scottish Cities Alliance, the launch of the Scottish Digital Academy, and Glasgow’s Participatory Budgeting Evaluation Toolkit.

Professor Mora presented the final document to the Smart City Expo World Congress in Barcelona on Wednesday.

Reacting to the launch, he said: “This playbook draws together evidence-based advice, offering what we hope will be guidance that makes a positive difference around the world.

“Digital technology offers many opportunities for leaders of local and municipal governments – and it could revolutionise the quality of life for people who live in urban areas.

“The potential of these technologies is almost limitless, so it is important that they are put in place strategically and collaboratively to make the most of them.”

The playbook itself is based on a review of existing evidence, a survey of local government leaders from 250 municipalities across five continents, and interviews with 131 experts from 37 different countries. The findings are then split into three pillars: strategy, collaborative ecosystem and technology.

As well as ENU, the playbook was jointly produced by the United Nations Human Settlements Programme (UN-Habitat), CAF – Development Bank of Latin America and the Caribbean, and Tallinn University of Technology.