You are here: Home Latest news Latest news stories All News Business News Leading Developers Invest in North Thames
30 November 2016

Leading Developers Invest in North Thames

Barratt Developments, which includes Barratt Homes and David Wilson Homes North Thames, based in Watford, has built 568 homes in the region during the past year and contributed over £81.2m to the UK's economic output.

The achievements are highlighted in a new report which measures the housebuilder's social and economic contribution to the North Thames region over the past financial year (1 st July 2015 – 31 st June 2016).

Included within then company's socio-economic footprint are key figures relating to the company's support for the housebuilding supply chain, local communities, environment, public services and employment. Figures include:

► Supported 1,500 jobs directly and through its contractors and suppliers

► Directly employed 10 new graduates, trainees and apprentices

► Supported 260 subcontractor companies and 390 supplier companies

► 90% of components used in the construction process were manufactured in the UK

► Invested £27.4M in contributions to support local services as part of its planning agreement

► Planted or retained 8,800 trees or shrubs on its developments

► 2.1 hectares of wildlife habitat were created as part of its ongoing commitment to preserving local eco-systems

► Generated £20.9M in tax to support public services

Ian Sadler, Barratt and David Wilson Homes North Thames Managing Director said:

"As one of the region's leading housebuilders, we are very aware of the important role we play in helping to boost the local economy.

"We are 100% committed to a strategy that includes leaving a positive and lasting legacy in the communities in which we build homes, be that through job creation, bolstering surrounding businesses or enhancing and protecting the local environment. We are proud to be a major force in the growth and prosperity of our region, and look forward to continuing our work in 2017."

The report on Barratt and David Wilson's Socio-Economic Footprint in 2016 was carried out by planning consultant, Nathaniel Lichfield & Partners (NLP).

Login to post comments

Want to use our news streams?

  • If you would like to embed our news stream on your own site there are two ways of accomplishing this.