Triple Dip For Construction - 60 000 Jobs Lost

mystic_trev

It's recommended for numpties like you. Although I somehow doubt you'll understand it!:rotfl:

Conrad

Labour massively tightened retail mortgage lending rules in 07/08. It is this more than anything that holds back demand for new homes.

Maybe that's not such a bad thing?

antrobus

DecentLivingWage wrote: »

a bit!!!!! ....

I regard 2.5% as a 'bit', on the basis that it's a lot smaller than 97.5%

DecentLivingWage wrote: »

... Voters will NOT stand for that schmoozing any more! ...

To schmooze is to converse informally, gossip, and so forth. I'm not real sure who you think is schmoozing who and what relevance that has to the state of the construction sector.

DecentLivingWage wrote: »

Elderly senior voters may have once relied on establishment figures/media for their facts,figures and voting advice but that just isnt the case any more - they need more respect . Social media is sharper coverage now - often voters/citizens who happen to glance at their liatas are abreast of breaking events/figs before their busy MP is! A bit indeed ! Nice Try tho

But not you eh? Who appears to have completely missed the fact that the RICS UK Construction Market Survey for Q1 2013 is reporting that " More professionals in the construction sector saw workloads rise than at any time since the end of 2007". .

http://www.rics.org/uk/knowledge/news-insight/press-releases/construction-professionals-point-to-upturn-/

P.S. Just out of curiosity, where is a voters/citizens "liatas" to be found?:)

antrobus

DecentLivingWage wrote: »

Pretending that Labour has no policies wont work either - it looks like the IMF are about to endorse them!! Too Far Too Fast Too Unfairly Investment in Construction Infrastructure Housing creates its own jobs and growth Other policies are in the pipeline, but they won't be goaded into revealing them before the manifesto is launched (was same for Cameron when he used to represent the future Standard practice which voters are perfectly capable of understanding!)

I just thought I'd point out the basic (and obvious) contradiction in this post.

Won't the IMF endorsement of Labour policies rather let the cat out of the bag? Or what? Do you think the IMF is going to issue a statement along the lines of 'We think the Labour Party's alternative economic plan is the correct approach to take, but we can't tell you what it is because we've promised to keep it a secret'. :rotfl:

antrobus

mystic_trev wrote: »

It's recommended for numpties like you. Although I somehow doubt you'll understand it!:rotfl:

I think a dictionary might help as well.:)

Conrad wrote: »

Labour massively tightened retail mortgage lending rules in 07/08. It is this more than anything that holds back demand for new homes.

Stable doors and horses come to mind.

Generali

mystic_trev wrote: »

It's recommended for numpties like you. Although I somehow doubt you'll understand it!:rotfl:

He needs Economic Indicators for Numpties not for Dummies.

DecentLivingWage

Osborne's Construction Failure A Dead Weight On UK Economy Next Year :

The quarter saw UK sales of construction aggregates (crushed rock, sand and gravel) decline by 7%, while ready-mix concrete dropped by 4% and asphalt by 18%. The results for cement have not yet been released, but the MPA believes these will be similar to those of ready-mix concrete.
“The disappointing first quarter MPA results reflect the reality that construction activity remains very depressed following the 8% decline in construction during 2012,” commented Nigel Jackson, Chief Executive MPA. “We hope that the measures to boost housing announced in the Budget and the implementation of infrastructure funding increases from the Autumn Statement will help stimulate increased demand as the year proceeds. The key message must be about focusing on accelerating delivery and the conversion of well intentioned announcements into increased cashflow throughout the supply chain. Publicly and privately funded infrastructure projects must be delivered more quickly to back up positive policy and funding announcements. If not, the lack of construction activity will continue to be a dead weight holding back economic recovery.”

(Mineral Products Association)

PS Thanks for recommending a nice book for him to read before the IMF gets here to give him a carpeting

michaels

DecentLivingWage wrote: »

...
(Mineral Products Association)
...

I wonder what an entirely independent body like the MPA with no vested interest would like to see happen?

Thrugelmir

Originally Posted by DecentLivingWage
Pretending that Labour has no policies wont work either - it looks like the IMF are about to endorse them!!

Endorse what? The IMF must know something none of us do.

Let's remind ourselves.

FISCAL POLICY UNDER LABOUR

The incoming Labour Government of 1997 promised a new approach to the conduct of fiscal policy. Two lessons to be learnt from previous experience were: (1) adjust for the cycle and build in a margin for uncertainty; (2) set stable fiscal rules and explain clearly fiscal policy. Although the claims for novelty were exaggerated there was a serious attempt to expand the supporting explanatory material at the time of the Budget and the Pre-Budget Report (which was itself an innovation). It started well, with the most significant tightening of fiscal policy occurring in 1997–8; but it ended with a record postwar deficit, a debt/GDP ratio heading for more than 75 per cent of GDP and the suspension of the fiscal rules. While the Treasury was not alone in failing to forecast the financial crisis and its consequences, doubts about the policy were being raised before 2007. Although the fiscal rules were met over the preceding period and projected to be met in future, a succession of current budget deficits and a tendency, from 2001 onwards, for over-optimism in fiscal projections left the UK less well equipped than it might have been to meet the challenges of the crisis.

Seems that nothing has been learnt.

ntb1

And just remind me which party !!!!ed it up in the first place. Hmmm t Blair and friends.