Boris Johnson has promised to soften the economic impact of coronavirus and “build build build”, setting out ambitious plans to invest £5bn into construction projects – including more homes, road, rail and schools, and promising a radical reform of the planning system to enable more developments to be built at speed.
Sutcliffe welcomes this news – a pledge to put infrastructure at the centre of the country’s recovery is the right thing to do.
Martin Pocock, Director at Sutcliffe, commented:
“The housebuilding sector is vulnerable to the impact of any recession, and this vulnerability is intensified in the wake of Covid-19.
“There is a massive shortage of housing in the UK and any scheme that could help in the delivery of new homes is more than welcome. House buyers on all levels of the property ladder need to be convinced the economy is stable enough to go ahead with their purchases.
“I strongly believe that the way to build the economy across the country is to invest in our infrastructure and construction. Let’s get the UK building!”
As experts in the housing sector – Sutcliffe has worked in the residential sector to over £1 billion in recent years.