Barratt gives economy £250m boost, says study

Housebuilder Barratt Developments’ Scottish operations have contributed more than £250 million to the economy during the past year and supported some 550 subcontractor companies and 650 supplier businesses, according to a new study.

Barratts has contributed £250 million to the economy in the last year. Picture: Getty Images

The building giant’s Socio-Economic Footprint report also reveals that 4,500 jobs have been supported though Barratt, sister brand David Wilson Homes, and its contractors and suppliers. North of the Border, the group built 1,390 homes during the year.

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According to the study, the firm planted or retained 29,400 trees or shrubs on its developments and generated £39.4m in tax to support public services.

Regional boss Douglas Mcleod said: “As one of Scotland’s leading housebuilders, we are well aware of our responsibility to engage with the communities in which we operate, to act as stewards of the environment, and to support the local economy.”

The report was carried out by planning consultancy Nathaniel Lichfield & Partners.