RE: Mortgage approvals down, new builds down14 Oct 2025 07:42
Tories were following too many short term ideas and totally messed up the economy, but this Labour government is quite unbelievably even worse, and by a long way. Taxes up - tax revenues down, unemployment up - employment down, no jobs for our young, corruption everywhere you look, and they are consummate liars to boot. Plenty of other countries equally screwed, France, Italy, Germany etc. but UK has no obvious way back I fear. House prices for houses over £500k look set to fall rapidly and increasingly for the higher priced properties thanks to Rachel's proposed and desperate stupidities. This will simply stifle the whole market although I do think the lower end and Persimmon will benefit a bit. Not sure at all if Conservatives or Reform have any real answers. Lib Dems and Greens would just accelerate misery and bankruptcy - their politics of envy is a pure joke. Time to leave UK? Absolutely yes! But where do you go? Norway sounds nice.