Friday 4 May 2012
House building and construction is important to the health of the overall economy, it has been claimed.
Steve Turner, head of communications at the Home Builders Federation (HBF), said the sector is one of the UK's most significant employers.
"If we can find a way to build the number of homes that we need, then the knock-on from that is that the economy will get a significant boost," he stated.
Mr Turner said every home built creates 1.5 direct jobs plus twice that number in the supply chain - helping to get the economy moving.
As a result, there is a "clear positive" from building these much-needed homes economically, which can help businesses operating in other industries.
The Department for Communities and Local Government reported on April 27th that in the period of October to December 2011, authorities undertaking district level planning in England received 111,500 applications for planning permission.
This represented an increase of one per cent compared with the corresponding quarter in 2010, hinting at a potential upturn in construction in recent months.
But the 88,700 permissions granted was down slightly on the same quarter in the previous year.
Posted by Dan Smith