BUILDING INDUSTRY DROPPED Update 18 Nov., 2019

Update 18 Nov 2019 - May resigned in June 2019 and Boris Johnson is the new PM chosen by his own CONservative Party - situation gone from worse to worst - he could not finalize Brexit on 31 Oct, 2019 and was forced by the Courts to asked for an extension till 31 January, 2020. Johnson tried hard to pull off a no-deal-Brexit which would enable TTIP and sale of NHS but MPs fought hard to prevent it.

There are still no new houses being built and homelessness has multiplied and so have people sleeping on the street and dying on the street.

UK will have a General Election on 12 Dec., 2019 and hope against hope Labour will win. Jeremy Corbyn, leader, has a great manifesto to eliviate poverty and the homelessness by building 100,000 houses a year and he always keeps his promises not like CONservatives. 

Update 16 May, 2017 May said in a recent campaign speech that they will not built any Council Houses. They brought homelessness to its worst crisis due to Spare Bedroom Tax and Benefit cuts and now they don't want to know.

UPDATE 18 Nov., 2016 --
It was announced that new affordable houses has the lowest record for 24 years. Cameron pledged 200 new houses a year and it should be still honoured by new PM May. 

PM Theresa May

The Government announcement they have the lowest level of unemployment overall for 11 years. They must fiddled the books again because we read non-stop of job losses. Their statement can't be right. Plus the constant influx of immigrants they surely don't have a job the next day.

UPDATE: 20 May, 2016 --
EU demands or commands for the UK to built more houses to accommodate migrants.

What happened to the GE 2015 pledge of building 200 houses a year???? It would help the building industry.

It has always been known to the public that the building industry and car manufacturing are the back bone of the economy. When there are signs of an increase people know the economy is improving.

However, a report in the Daily Express reveals a sharp drop of the building industry in March and it is the sharpest drop for three years. 

Especially in March which was always known as the start of the construction industry and therefore it is twice as shocking. The Office of National Statistics showed a drop of 3.6 per cent from the previous month.

At the GE2015 campaign Mr Cameron promised, yet another false promise, that they would build houses to reduce the housing waiting list and it would increase jobs. They also promised to build houses at an affordable price to enable people to buy. Yes, they did houses but in London, for instance, the average new house costs £450,000 which nothing any where near at an affordable price for lower wage earners.

The construction sector which is 6 per cent of the GDP was reduced by 0.6 per cent for new work and 1.9 per cent cut for repairs and maintenance. Well clever George Osborne did not think it would backfire.

Another gloomy report tells us that first-quarter factory output falling at a fast rate for nearly three years in March. It might be a big surprise to Chancellor George Osborne that austerity cuts spending power and therefore no demands for goods. It will, eventually, bring the UK to another drop in Credit Rating. He managed it in the last term of office. It makes one wonder if that is not his aim behind his fiendish budgets.

Howard Archer, chief UK economist at IHS Global Insight, added: "It is notable that the purchasing managers indicated that clients are unwilling to commit to new contracts or expand existing work.
"The Bank of England 's monetary policy committee has observed that commercial property transactions have slowed amid increased uncertainty."