“Strengthened” government will give us a boost says Henry Boot

CONSTRUCTION firm Henry Boot has said that although its divisions are “trading well”,the new “strengthened” government will increase the pace of growth from the lull up to the Election.

The firm said in a statement: “A short term lack of decision making around the Election, especially within the public sector, meant that, as expected, concluding transactions in the last couple of months have been a little slower.

“However, the strengthened position of the governing party leads us to expect a quick return to normalised activity levels. We therefore remain confident of meeting the board’s expectations for the full year.”

Across its land, commercial development and construction divisions, the firm is “trading well”. Within Hallam Land, the firm has a 435 million sq ft land portfolio, and is working on several prominent developments in Yorkshire and across the UK.

The firm is already in partnership with the local council over the Markham Vale development, where it has already agreed a 480,000 sq ft lease with Great Bear Distribution, and the scheme is expected to be fully completed in 2016.

At the Terry’s Chocolate Factory site in York, the firm has submitted planning and contracts have been exchanged to deliver 150 apartments, enabling work to be completed in late 2015.