History of Edinburgh

reet became a major commercial and shopping district, a development partly stimulated by the arrival of railways in the 1840s. The Old Town became an increasingly dilapidated, overcrowded slum with high mortality rates. Improvements carried out under Lord Provost William Chambers in the 1860s began the transformation of the area into the predominantly Victorian Old Town seen today. More improvements followed in the early 20th century as a result of the work of Patrick Geddes, but relative economic stagnation during the two world wars and beyond saw the Old Town deteriorate further before major slum clearance in the 1960s and 1970s began to reverse the process. University building developments which transformed the George Square and Potterrow areas proved highly controversial.

Since the 1990s a new "financial district", including a new Edinburgh International Conference Centre, has grown mainly on demolished railway property to the west of the castle, stretching into Fountainbridge, a run-down 19th-century industrial suburb which has undergone radical change since the 1980s with the demise of industrial and brewery premises. This ongoing development has enabled Edinburgh to maintain its place as the second largest financial and administrative centre in the United Kingdom after London. Financial services now account for a third of all commercial office space in the city. The development of Edinburgh Park, a new business and technology park covering 38 acres (15 ha), 4 mi (6 km) west of the city centre, has also contributed to the District Council's strategy for the city's major economic regeneration.

In 1998, the Scotland Act, which came into force the following year, established a devolved Scottish Parliament and Scottish Executive (renamed the Scottish Government since July 2012). Both based in Edinburgh, they are responsible for governing Scotland while reserved