WARRINGTON’S bid to be headquarters for the Government’s Green Investment Bank has proved unsuccessful.
The Department for Business has announced that the bank will be headquartered in Edinburgh and London.
Both cities already have an established banking presence.
But Warrington made it down to the final 11 out of 32 bids put forward and was the only town in the running.
Leader of the borough council Terry O’Neill said: “Firstly, I would like to congratulate London and Edinburgh on their success. Although this is disappointing news for Warrington, we put in a strong and considered bid which received some very positive feedback. We made it through to the second round along with the likes of Manchester and Liverpool, which we can be justly proud of.
“Warrington is a great place to do business and this council continues to seek out opportunities to attract investment and jobs to the town in any way that we can.”
Warrington had hoped that the headquarters building of the former North West Development Agency might have been a suitable headquarters for the Green Bank.
WARRINGTON'S bid to be headquarters for the Government's Green Investment Bank has proved unsuccessful.
Town misses out on Green Bank
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Gary Skentelbery
Experienced journalist for more than 40 years. Managing Director of magazine publishing group with three in-house titles and on-line daily newspaper for Warrington. Experienced writer, photographer, PR consultant and media expert having written for local, regional and national newspapers. Specialties: PR, media, social networking, photographer, networking, advertising, sales, media crisis management. Chair of Warrington Healthwatch Director Warrington Chamber of Commerce Patron Tim Parry Johnathan Ball Foundation for Peace. Trustee Warrington Disability Partnership. Former Chairman of Warrington Town FC.
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Not sure how it managed to be awarded to Edinburgh, given that the current Scottish Government no longer wants to be part of the UK.
To saddle the Jocks with another busted bank when the “green” projects it’s supposed to be funding don’t provide anything like the returns the eco-nutters claim are acheivable. Scotland does seem to be pretty good at busted banks – Bank of Scotland, Royal Bank of Scotland, Dumfermline Building Society, and Northern Rock (well, Newcastle but that’s NEARLY Scotland!)