A council has spelt out what it believes will be the full cost to its local economy of the Government’s decision to stop the national Building Schools for the Future (BSF) programme. Nottingham City Council says the step will have a huge impact and it is liaising with the Department for Education to understand the full implications.
The council estimates that the 89 million pounds withdrawn in shelving the school building programme in the city could have been worth as much as 178 million pounds to the region’s economy through the multiplier effect. Graham Chapman, the council’s Deputy Leader and Portfolio Holder for Resources, Economic Development and Reputation, said: “The BSF programme wasn’t just about the physical regeneration of Nottingham’s schools, it was about keeping the city working and creating jobs during these tough times.”
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