Economic contraction, construction and the Scottish budget
25 January 2011
Shelter Scotland's response to the news that the UK economy has shrunk by 0.5 percent in the last quarter, according to the latest figures form the Office for National Statistics.
Graeme Brown, director of Shelter Scotland, the housing and homelessness charity, says:
“In light of the shock contraction in the economy which the Office for National Statistics has blamed partly on stagnation in the construction sector, is now the right time to be cutting investment in building projects as outlined in the draft Scottish budget?
“Not only is capital investment in building projects such as new homes crucial to those in housing need, but also to those dependent on the construction industry for their livelihood.”
Notes to Editors:
1. Shelter Scotland, the housing and homelessness charity. Shelter Scotland believes that everyone should have a home. We help people find and keep a home. We campaign for decent housing for all.
2. Spokespeople are available for interview, telephone the media office on 0844 515 2442. An ISDN line number is available for broadcast interviews.