RE: Dilemma...23 May 2026 10:12
Strictly, we are in long term national decline - if you want proof look at GDP per capita - UK now 20th, way behind Ireland, Iceland, Norway, Australia. It is only by importing millions of people and assigning economic value to their presence in treasury models that sucessive governments have prtended we can balance our books. Just watch what is happening now th scope for taxation is being widened [eg tourist tax] and any sector that makes a profit is fair game for government pilfering - e.g blaming builders for regulatory failings with cladding. I think house builders margins are set to remain below 10% and recovery in sp must work from that new lower base unfortunately.