Covid 19 - Impact on Hub South East operations

Economic Impact

Hub South East is developing and delivering a diverse pipeline of best-value, award winning community infrastructure, currently valued at more than £600m. This value of construction work is providing a range of community benefits across the country (such as new jobs and apprenticeships) whilst supporting local businesses and importantly, and it is contributing positively to the Scottish economy.

Impacting Positively on the Scottish Economy

£

2.4

bn

Collective economic activity in Scotland of our three Tier 1s

82

%

Work packages awarded to Scottish SMEs

£

479

m

Projects open and operational

1400

People in Scotland employed by our Tier 1s

We work with a supply chain based in Scotland that is committed to reinvesting the Scottish pound. Collectively the three Tier 1 Construction contractors on the Hub South East supply chain have been operating within Scotland for between 17 and 71 years. They employ over 1400 people in Scotland, they have an average of circa 335 Scottish SMEs on their supply chain and have a collective turnover of £830m annually in Scotland. Using the economic multiplier for construction (stated in the Construction Scotland Industry Strategy 2019-22 as £2.94 for every £1 spend) collectively the business of these three Tier 1st results in £2.4bn economic activity in Scotland.

Supported Business & Social Enterprise

With 84% of completed work packages awarded to Scottish SMEs, we are committed to supporting a local supply chain and we are keen to ensure that this includes supported businesses and social enterprises where possible. Good examples on Hub South East projects range from Apex Scotland being awarded cleaning contracts on the Lothian Bundle (supporting, marginalised individuals with at risk of offending/re-offending) to Rebuild Construction Social Enterprise being awarded the contract to repurpose shipping containers on the Leith Meanwhile project (supporting 6 trainees with barriers to work, giving them a living wage and developing key construction skills). And of course, we support a range of social enterprises, from catering and events to woodwork and tartan, by linking with our Charity Partner – Grassmarket Community Project.

The positive financial implications to the local economy made by supporting people with barriers to work are huge. For example; it is conservatively estimated that the savings made by keeping one individual with a history of offending out of the criminal justice system are around £50,000 per year, factoring in the cost to keep a person in prison along with social work, legal aid and numerous other associated expenses. We work with our trainees with the view to helping them change their path and learn new skills that will help them towards a brighter more prosperous future.

Paul Hunter, Founder, Rebuild