Planning delays putting recovery at risk says Murray
David Murray: ‘strategic decisions are now being rewarded’
David D Murray says delays in the planning system for major schemes is putting the recovery and jobs at risk.
Mr Murray, managing director of Murray Capital Group, the private investment office of the Murray family, said “many investors” had “very real concerns” about obstacles at local and government level.
Announcing the firm’s return to profit, he said: “We have started the current financial year [the year ending June 2022] well with all of our main trading businesses contributing profitability, especially our Metals Group in which our long-term investment approach is now paying dividends.
“In our Estates business, we continue to make significant investment in all of our sites, however, delays in the planning system at both a council and government level continue to pose an obstacle to much-needed family and affordable housing, schools and supporting infrastructure.