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Tag: Martin Wolf

Be prepared for a very different construction industry when we rise from depression

Be prepared for a very different construction industry when we rise from depression

This is no ordinary recession. This is a serious depression, the end of which still looks to be at least a couple of years away and possibly a lot further. If that proves the case it would have lasted longer than the Great Depression of the 1930s, although the recession would not have been as quite as deep. The well respected economist and Financial Times commentator Martin Wolf recently wrote: “The UK is in the midst of what is set…

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We are on a perilous road to the new normal – but at least it’s exciting

We are on a perilous road to the new normal – but at least it’s exciting

Yesterday I went to an excellent conference organised by the Council of Mortgage Lenders. I know it was good because I came away with a headache and a slightly befuddled mind, but invigorated nevertheless. What made it more interesting was that on the train into London I read Martin Wolf’s column in the Financial Times, which in retrospect provided a fitting overture to the day, despite the link in subject matter being a bit distant from the UK housing market. His…

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