Build Scotland Construction Directory
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
21/01/2013

Housing Budget Increased By £200m In 2012

Scotland’s three-year housing budget increased by £200m in 2012, while additional investment saw a 30% increase on plans set out in the 2011 Spending Review.

The allocation of last month’s £50m of housing consequentials has yet to be announced.

Finance Secretary John Swinney was speaking ahead of a stage one debate on the government’s Budget Bill.

He said: "The Scottish government has been absolutely clear that we aim to deliver at least 30,000 affordable homes during the lifetime of this parliament and this funding will help ensure this commitment will be met.

"Despite Westminster cuts to our capital budgets, the Scottish Government is delivering just as much new social housing - and more new affordable housing - as in the period up to 2007 when budgets were rising every year.

-- Advertisement --
NorthernAsbestosServicesLtd

"The extra £50m is our fourth tranche of extra housing spending announced over the last year, and is in addition to announcements made in February, June and September. The overall increase totals almost £200m over the spending review period – demonstrating that where we have an opportunity to invest, this Government does exactly that.

"We are investing money to create and maintain jobs. Increased support for affordable homes will provide a much-needed boost to the construction industry as well as improving the lives of the families who live in them. We are providing an immediate capital stimulus through support for shovel ready projects and we are helping businesses with a tax relief package worth over £540m this year.

"This has to be seen against a 26% real terms cut by the UK Coalition Government to Scotland’s capital budget in a failed attempt to reduce public sector borrowing.

"We have listened to the Scottish Parliament by bringing forward further investment in housing and we will continue to work with all parties to deliver a budget for growth."

(IT)

Latest Construction News

03/05/2024

The Wheatley Group has been given planning permission from Glasgow City Council to convert the 1930s B-listed Bellgrove Hotel into 14 modern, energy-efficient and affordable flats – eight of which will be wheelchair accessible. Permission has also been granted for a further 56 flats to be built on ...
03/05/2024

Renewable energy leader Drax has announced that it will invest £80 million in a major refurbishment of its iconic 'Hollow Mountain' Cruachan pumped storage hydro power station in Scotland. Global hydropower technology supplier ANDRITZ has been appointed as the main contractor for the Cruachan ...
03/05/2024

Clark Contracts has welcomed the news that the former Dalmarnock Purifier Studios, now branded as EastWorks, has been awarded the Refurbished/Recycled workplace award at the prestigious British Council for Offices (BCO) Awards 2024. The 120-year-old former purifier shed, owned by Clyde Gateway, ...
03/05/2024

Stirling Council has launched a public consultation to shape future developments at the Viewforth and Burghmuir Road areas. The new draft framework and planning brief for Viewforth and Burghmuir covers a key area of the city centre that includes the Viewforth site, existing council buildings, ...
03/05/2024

Morrison Community Care (CCG) Holdco has secured planning permission or its latest project in South Queensferry, marking its third consecutive success. Forming part of a wider 44-hectare masterplan that will include 980 new homes, a primary school and commercial premises on Builyon Road, south of ...
03/05/2024

The Highland Council's Economy and Infrastructure Committee have carried out a review of the last two years of the Community Regeneration Funding Programme, ahead of agreeing changes to how the 2024/25 programme will be delivered. Committee Chair, Cllr Ken Gowans said: "Following a successful two ...
03/05/2024

Perth and Kinross Council and partners are set to progress community-led projects aimed at revitalising homes and improving rural transport links, following a winning bid for Innovate UK Pathfinder Places funding. Funding of £150,000 has been secured following a successful Phase 1 Pathfinder ...
03/05/2024

SGN engineers working on the H100 Fife project have helped support the Methilhill Community Children's Initiative (MCCI) by building an eco-toilet in the charity's learning garden. MCCI provides a safe and engaging space for local children to participate in various outdoor activities, including ...
03/05/2024

SNIPEF, the Scottish and Northern Ireland Plumbing Employers' Federation, has published a draft of its 2024 election manifesto detailing six strategic policy proposals designed to support its members and the broader plumbing and heating profession. Once finalised, the manifesto will be central to ...
03/05/2024

The Scottish Environment Protection Agency (SEPA) have published their 2024-25 Annual Operating Plan, detailing how they will protect and improve Scotland's environment over the next 12 months. The publication follows the launch of a new Corporate Plan at the end of March, which set out the ...
Morris & Spottiswood LtdRBT Underfloor LimitedEarth Tech LPS LTDSolway Ecology Consulting LtdPerfect View Aerial FilmingCSP AcousticsBurnside Plant Hire LtdSips Eco Panel Systems LtdM K M Building Supplies LtdAlternative Tying Systems Ltd
Terms and Conditions
2024/05/04 04:44:57