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…