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EDINBURGH’S economy is racing ahead of the rest of the UK – with the city boasting falling unemployment, hundreds of new businesses and soaring tourism.
The council’s monthly Economy Watch also revealed that more foreign investors were looking towards the Capital.
Experts said the city was bouncing back from setbacks such as the financial crisis and recession.
For the past two months, retail spend has bucked national trends, with sales up 5.5 per cent in March compared with last year. And unemployment is now down to just 1.8 per cent – markedly lower than the 2.4 per cent rate across Scotland.
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