Students 'key to economy in the Capital'

STUDENTS and bankers are key to Edinburgh's economic recovery, a leading property firm said today.

Edinburgh-based Cullen Property said that both groups would play a key part in the success of the Capital's economy next year.

Steve Coyle, operations director at the firm, said: "One in eight people living in Edinburgh is a student and one in 15 is employed by a bank. Combine this with the knowledge that the top nine employers in Edinburgh are either a public sector agency, such as the council and the NHS, or a bank, or Edinburgh University, and I think the penny should be dropping that we really need bankers and students.

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"Because of the relatively high proportion of Edinburgh's population employed in the public sector, the impending public sector job cuts could mean significant disruption to the status quo of Edinburgh's employment market."