Well they may not be coming until 2010, but the announcement by Tesco that it is to create 800 new jobs in Glasgow as part of its growing finance business is good news. Why Glasgow? Doubtless a £5m grant from the Scottish Executive helped to sweeten the deal, but it’s likely that Tesco was looking to Scotland anyway given its previous collaboation with RBS. Whatever the reasons, the news is good for those in Scotland’s finance industry and for Glasgow in particular.
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