Kingsford Primary School - Business

Business

In 2011 the Centre for Cities named Aberdeen as the best placed city for growth in Britain, as the country looked to emerge from the recent economic downturn.

There is now a concerted effort to transform Aberdeen's reputation as the Oil Capital of Europe into the Energy Capital of Europe as oil supplies may start to dwindle in coming years, and there is considerable interest in the development of new energy sources; and technology transfer from oil into renewable energy and other industries is under way. The "Energetica" initiative led by Scottish Enterprise has been designed to accelerate this process.

The city ranks third in Scotland for shopping. The traditional shopping streets are Union Street and George Street, now complemented by shopping centres, notably the Bon Accord & St Nicholas and the Trinity Shopping Centre. A new retail £190 million development, Union Square, reached completion in late September/early October 2009. Major retail parks away from the city centre include the Berryden Retail Park, the Kittybrewster Retail Park and the Beach Boulevard Retail Park.

In March 2004, Aberdeen was awarded Fairtrade City status by the Fairtrade Foundation. Along with Dundee, it shares the distinction of being the first city in Scotland to receive this accolade.

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Famous quotes containing the word business:

    Most of us have felt barriers between ourselves and our fathers and had thought that going it alone was part of what it meant to be a man. We tried to get close to our children when we became fathers, and yet the business of practicing masculinity kept getting in the way. We men have begun to talk about that.
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    This whole business of Trade gives me to pause and think, as it constitutes false relations between men; inasmuch as I am prone to count myself relieved of any responsibility to behave well and nobly to that person who I pay with money, whereas if I had not that commodity, I should be put on my good behavior in all companies, and man would be a benefactor to man, as being himself his only certificate that he had a right to those aids and services which each asked of the other.
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