Scotland spends on building

Published:  08 February, 2013

The Scottish Parliament has passed plans to spend £3.4bn on capital investment in the 2013/14 financial year.

The Scottish Government is planning extra funding for colleges, road maintenance and housing despite a Westminster cut of 26% to its capital budget.

New announcements include an additional £38m for the housing budget bringing the total housing supply funding to £859m and £2m to bring vacant town centre properties into residential use.

Finance Secretary John Swinney said: "This year we will invest £3.4bn in capital projects in the face of drastic budget cuts from the UK government.

"Through immediate infrastructure investment we are providing a boost to Scotland's construction sector and wider economy and we are also maintaining the most supportive business environment in the UK."

Deputy First Minister Nicola Sturgeon said: "Investing in affordable homes supports Scotland's economy, promotes growth and maintains jobs in our construction industry."

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight


Builders Merchants Vacancies – UK Wide

At Arco, we are an industry specific recruitment consultancy, providing sales and managerial staff Nationwide to Merchants, Distributors and Manufacturers of Building Materials within the Construction Sales Sector. Priding ourselves on our unparalleled customer service and hard work, we offer a fresh, innovative and personal approach to recruitment specifically designed to meet our clients’ needs and candidates’ skills.

Guest Blog by Simon Damp

Is DIY a lost art?

As time goes by, the art of do-it-yourself when it comes to activities around the home and garden is fast becoming more and more of a lost art.