Glasgow business figures received a unique insight into the growth of the Scottish Exhibition Centre campus and its impact on the city at a recent event hosted by Clydesdale Bank.
The session – An Audience with Peter Duthie – was held at Clydesdale Bank’s Business and Private Banking Centre in Glasgow. Duthie (pictured, centre) became CEO of the SECC and SSE Hydro in April 2014.
The event was organised as part of the Bank’s third Business Week, and reviewed the growth of the SECC and SSE Hydro.
Duthie noted that the SECC delivered £378m of economic value to Glasgow last year, while the SSE Hydro, which opened just over a year ago, has since produced a net additional expenditure of £131m for the city.
The SSE Hydro was recently named as the third busiest entertainment venue in the world and this month hosted the MTV European Music Awards.
Clydesdale Bank is the official banking partner of the SSE Hydro. The Head of the Bank’s Business and Private Banking Centre in Glasgow, Robert Gibson, said: “The SSE Hydro has been a significant addition to the city, boosting the hospitality sector and raising the city’s profile internationally. We look forward to expanding our partnership with the venue next year.”
Clydesdale Bank’s Business Week saw more than 250 events staged at the Bank’s UK-wide network of Business and Private Banking Centres, including many across the West of Scotland.
The events focussed on how to maximise business value, including advice from Scottish Enterprise on the grants that are available to support SMEs, effective branding and workshops on how the bank assesses funding applications.
Research commissioned by Clydesdale Bank has suggested that Scottish SMEs are ready to invest nearly £5.3bn into the economy over the next 12 months. According to the research, 82 per cent of Scotland’s 326,000 SMEs are ready to invest, with each small business spending on average five per cent of turnover. Key areas such as new equipment, staff training and increased marketing are at the top of their shopping lists.
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