Chief executive Nicola Barclay spoke in response to yesterday’s publication of the latest ‘State of the Economy’ report. “Whilst public health has quite rightly been the government’s top priority up to now, it is clear that the economic fallout could have even further reaching consequences for the country,” she said. “Today’s report highlights that Scotland’s GDP could fall by 33% during the current period of social distancing, with construction noted as one of the most exposed sectors.
“We share the economy secretary’s desire to rebuild the economy as quickly as is safely possible and believe that we can, quite literally, build our way out of this. This is why we are working on a recovery plan which includes the core components necessary to kickstart home building, including putting robust control measures in place to protect workers, home purchasers and tenants, as well as working across the sector to ensure everyone is ready to go as soon as we can.”
She said that delivering the homes of all types that our country needs brings many significant benefits in terms of protecting vital jobs and skills, improving social wellbeing and contributing more widely to the economy through the extensive supply chain. “Restarting from a standstill requires considerable planning and co-ordination so it is imperative that the Scottish Government works closely with industry to establish a programme for recommencement so we can provide the homes that so many people desperately need.”