{"id":9757,"date":"2011-04-26T07:38:14","date_gmt":"2011-04-26T06:38:14","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=9757"},"modified":"2011-04-26T07:38:16","modified_gmt":"2011-04-26T06:38:16","slug":"construction-collapses-and-only-tory-policy-can-explain-it","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/04\/26\/construction-collapses-and-only-tory-policy-can-explain-it\/","title":{"rendered":"Construction collapses &#8211; and only Tory policy can explain it"},"content":{"rendered":"<p>With <a href=\"http:\/\/www.independent.co.uk\/news\/business\/news\/house-building-plunges-again-2274799.html\">apologies to the Independent<\/a>, this seems worth reproducing pretty much in full:<\/p>\n<blockquote>\n<p class=\"font-null\" style=\"margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; padding: 0px;\">There has been a sharp drop in the underlying value of private housing project starts in the first quarter of 2011. Glenigan, the construction data service, recorded a 61 per cent year-on-year fall in the underlying value of new starts in the three months to March.<\/p>\n<p class=\"font-null\" style=\"margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; padding: 0px;\">The weak first quarter of 2011, in line with other survey data, is in sharp contrast to the strong rebound experienced a year ago in the run-up to the general election. The underlying value of civil engineering project starts fell by 16 per cent.<\/p>\n<\/blockquote>\n<p>That's a staggering collapse.<\/p>\n<p>Labour ensured government spending kept this sector going.<\/p>\n<p>That was the right thing to do, for the economy, for those needing housing and for the infrastructure refurbishment we still need to make it green.<\/p>\n<p>Thev Tories are axing all investment as fast as they can.<\/p>\n<p>And with it confidence in house building has collapsed.<\/p>\n<p>There's only one person to blame for this downturn. It is the deliberate choice of George Osborne.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With apologies to the Independent, this seems worth reproducing pretty much in full: There has been a sharp drop in the underlying value of private<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/04\/26\/construction-collapses-and-only-tory-policy-can-explain-it\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[96,35,118],"tags":[],"class_list":["post-9757","post","type-post","status-publish","format-standard","hentry","category-conservatives","category-economics","category-labour"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/9757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=9757"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/9757\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=9757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=9757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=9757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}