Alex Salmond launches new Tesco HQ in Edinburgh

By Oliver Farrimond

EVERY little helps and Scotland’s embattled financial services industry received a much needed boost yesterday as First Minister Alex Salmond officially unveiled the new Tesco Personal Finance headquarters in Edinburgh.

Situated next to the busy Haymarket rail hub, the centre will house almost 500 staff and save almost half a million miles’ worth of driving time a year.

The new headquarters will be one of Tesco’s main offices outside of London, and is expected to drastically reduce congestion, as well as providing a base for the supermarket bank to expand its services.

Unveiling the headquarters’ opening plaque, First Minister Salmond said: “Tesco’s decision to establish its personal finance headquarters in Edinburgh signifies its commitment to building its business in Scotland.”

“Having seen their track record and approach to business, I am absolutely certain that they will be one of the fastest-expanding financial organisations in the country. Continue reading