I notice that £1bn has been wiped of the share value of the UK’s seven largest house building companies as a result of the government’s programme of cuts. I think this is one of the tests of the economic theory about another recession. The multiplier effect of this and the likely unemployment that follows may…
I await the budget with interest. I fear the Government is going to push us into a home produced recession following the international one. It is the combination of cuts and rising unemployment and lack of investment in the infrastructure (dare I mention Heathrow!). Put together they take a lot out of the economy just when…
