Quote:
Originally Posted by Big Brian
Very strange. Why didn't they just carry on as normal? Nothing has changed.
|
On the contrary ,everything has changed .Companies in general have no idea what UKplc will look like in 5-10yrs time and construction companies in particular are particularly vulnerable to changes in government policy .They also rely heavily on lending to build the houses and the ability of customers to borrow the money to buy the houses they build .Any uncertainty in financial markets will without a doubt negatively affect house builders.
What the government do over the next 6 months will determine the ability of what large companies can achieve over the next 10 yrs.What we are seeing now is a sharp intake of breath waiting for the government to make it's move.