The cash spent on imported building materials plunged in the final quarter of 2008 despite the huge drop in the value Sterling providing a clear indicator of the rapid decline in construction activity. In cash terms the value of imports...
As if the confusion over the credit crunch's causes and effects is not enough, we now have the related confusion over inflation. What is a good level for inflation to fall to if deflation is a fear? We have just...
Data released today showing the level of building materials imports into the UK provides a further indication of the depth of the recession facing construction. Historically the material import figures provide a good gauge for the state of the UK...
The latest inflation report from the Bank of England and the comments from the Governor Mervyn King have effectively put paid to hopes that interest rates are on the way down. Consumer Price Inflation leapt back to 3% in April...
Brian Green