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Insider UK
Business
Perry Gourley

Housebuilder Barratt flags £256m Scottish economy boost

Housebuilders Barratt Developments, which has built more than 1,800 new homes in Scotland in the past year supporting some 4,100 jobs, delivered a £256 million boost to the economy north of the Border over the past year, according to new figures.

The total for the group, which includes both Barratt Homes and David Wilson Homes, in an increase of almost 13% from the previous year.

During the year to 30 June the group built 1,862 new homes in Scotland (up from 1,729) and supported 4,132 jobs (up from 3,700).

As part of its housebuilding activity, Barratt has made £15.9m in local contributions to help build new local facilities and infrastructure in communities surrounding its new developments, more than double the local contributions from last year.

More than £32m was spent on physical works benefiting local communities including highway and environmental improvements.

The achievements are highlighted in Barratt Scotland’s latest Social Economic Footprint report which measures the housebuilder’s social and economic contribution to Scotland over the past year.

Douglas McLeod, regional managing director for Scotland for Barratt Developments, said: “The past year has seen us step up our housebuilding activity in Scotland. Not only have we built more homes, invested in more jobs, and increased our local contributions, but we have done so at a time when many other businesses have pressed pause on activity due to political and economic headwinds.”

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