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Scotland at the heart of global investment: a moment of opportunity

Next week, as leaders, investors, and innovators gather in Edinburgh for the Scottish Global Investment Summit, we stand at a pivotal moment for Scotland and for the UK, writes NatWest Group Chair, Rick Haythornthwaite.

This article was originally published in The Times.

The summit is more than a meeting of minds; it is a signal to the world that Scotland is serious about growth, innovation, and investment.

Its leading position in financial services, life sciences and renewables is fundamental to the health of the wider UK economy. And whilst the past few years have tested both businesses and families, what stands out to me is the underlying strength and resilience of the Scottish economy.

Contributors to prosperity

Having spent half a century in manufacturing, energy and services businesses across the UK before, last year, becoming the chair of a major British bank, I have witnessed first-hand how different industries contribute to our prosperity.

Scotland’s highly skilled workforce and prestigious universities drive innovation in life sciences, while the presence of leading institutions and deep sector knowledge continue to build its reputation as an essential hub for financial and professional services.

This potential is rooted not only in Scotland’s people but in its geography: a legacy of expertise in energy, paired with a coastline and landscape that position Scotland as a global frontrunner in renewables.

Investment for growth

At NatWest Group, we are champions of business and innovation. And we are proud to be hosting the summit at our Gogarburn campus, as a headline sponsor through our Royal Bank brand.

For almost 300 years, the Royal Bank of Scotland has been supporting our customers in every region of Scotland to succeed. We bank one in five people and families, support one in three businesses, and have invested over £7 billion to fuel growth across the country.

But our role in the Scottish economy and wider society goes beyond the provision of capital. Our 11,000 colleagues are embedded in the communities we serve, bringing deep local and sector expertise. Our Accelerator Hubs in Glasgow and Edinburgh have helped nearly 1,000 entrepreneurs in fintech, life sciences, and other exciting growth sectors turn ambition into reality. And, by working closely with Scotland’s leading universities we are connecting academic research with real-world investment opportunities.

We are particularly proud of our role in Scotland’s green transition. In recent years we’ve supported onshore and offshore wind, marine engineering, carbon capture, and battery storage projects across the country. These investments are not only helping the environment – they are creating jobs, attracting global expertise, and positioning Scotland as a leader in clean energy innovation.

The summit arrives at a time where Scotland’s economy continues to show resilience and there are reasons for cautious optimism, with growth returning midway through 2025 and business confidence on the rise. Sectors such as health, financial services, and professional services are driving this recovery, while new business formation and SME borrowing outpace the UK average. Yet geo-political uncertainty, inflationary pressures, and shifting consumer demand continue to test businesses. And while Edinburgh and Glasgow have outperformed national trends, other areas continue to face challenges.

Discover more about NatWest Group’s support for Scotland

Unlocking Scotland’s potential

The summit’s focus on connecting investors with real opportunities, from advanced manufacturing to the energy transition, is exactly what is needed to help unlock Scotland’s full potential.

The wider context is also important. With the summit taking place in the in the midst of party conference season, as the UK Government prepares its Autumn Budget, and as reforms from Mansion House and Leeds begin to take shape.

Attracting foreign investment is key to delivering sustainable growth. It is clear that Scotland and the UK remain attractive destinations for investors overseas. This is a strength to build on to make the most of the opportunities ahead of us. We must also ensure a level playing field, with a stable and predictable policy, regulatory and tax environment that investors can have confidence in.

In this context, the investment summit is an important opportunity to showcase Scotland’s strengths and to influence the national conversation on growth and investment.

 

Collaboration with government

It is also a moment to reaffirm the importance of partnership; bringing together government, business, and investors to forge new relationships and unlock opportunities. Scotland’s success will be built on collaboration – between policymakers and entrepreneurs, between research institutions and industry, and between communities and the organisations that serve them.

Rick Haythornthwaite, NatWest Group Chair

The material published on this page is for information purposes only and should not be regarded as providing any specific advice, or used by consumers to make financial decision. Terms and conditions apply to any products or services mentioned.

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