Scottish Business Briefing - August 14 Cowdery's Resolution beats City expectations Concern at capital's finance careers outlook Edinburgh can claim to be the UK's second financial city, but it may have a weaker employment outlook in the sector than its nearest rival Manchester, according to a new report. Scottish Financial Enterprise has said the findings show a "mixed picture" but insists that Edinburgh is "robust compared to other cities." NEL to invest £250,000 in Scottish centre NEL, the technical consultancy, is investing £250,000 in an erosion flow testing and assessment centre in a further vote of confidence in its Scottish operations. The latest announcement comes just a few weeks after it confirmed a £500,000 spend on a high pressure multi-phase flow facility at its East Kilbride laboratory.