Barratt Developments

Type
Business expansion
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
68 - Real estate activities
68 - Real estate activities with own property and development of building projects
68.1 - 68 - Real estate activities with own property and development of building projects
3,000 jobs
Number of planned job creations
Job creation
Announcement Date
20 March 2014
Employment effect (start)
Foreseen end date

Description

Residential construction firm Barratt Developments has announced that it plans to create around 3,000 new jobs. The company is expanding its operations by increasing the number of sites from 380 to 450. The additional workers include sub-contractors working on-site.

The move follows the government’s announcement that it will extend the "help to buy" scheme which helps first time buyers to get onto the housing ladder.

Sources

  • 20 March 2014: Construction Enquirer

Citation

Eurofound (2014), Barratt Developments, Business expansion in United Kingdom, factsheet number 76745, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76745.