Friday, Sep 19, 2008
Will these companies be "bailed out" ?
BBC: Fewest UK bricks made since 1940s
Brick production in the UK is set to drop to its lowest levels since the 1940s, according to industry experts. Two of the biggest companies, Ibstock and Wienerberger, have announced that they are closing plants and axing jobs. They blame the pressures of the credit crunch and the downturn in the housing market resulting in fewer builders buying bricks.
Posted by jack c @ 03:48 PM (1384 views) Add Comment
31 Comments
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1. techieman said...
So not everyone is "bricking it" :-) . Sorry but with all this doom and gloom i couldnt resist!
2. Magnaman said...
Exeter factory, not mentioned in the article, just gone to best bids - 24 acre brownfield site
3. jack c said...
techieman - I bet you are off to cement a few more deals with it being Friday afternoon
4. mark said...
there is always chinese fake bricks...lol
5. gardeniadotnet said...
It'll soon be time to throw in the trowel.
6. gardeniadotnet said...
The bosses must be mortarfied.
Er, I'll stop now ( unless I think of another.)
7. Gorblamme said...
are you pationising me ?
8. jack c said...
gardeniadotnet - there must be "hods" more jokes on this one
9. beartil2010 said...
Keeping the bosses & staff' spirit level should be a breeze-block the short sellers, giving a concrete floor to the crisis etc. etc.
10. gardeniadotnet said...
Moving on...
"Dr Noble Francis, economics director of the Construction Products Association which represents British manufacturers, said he was not surprised.
He said: "The housing market has been hit incredibly hard and the number of homes built is at its lowest since 1945.
"There has been a domino effect and bricks form a critical part of the building process."
Way to go, Sherlock!
11. paranoia blue said...
While still in the jovial vein. Just back from buying a few bottles of Chardonnay to celebrate the much-needed stock-market bounce [for now!]
On the way, I passed by the “late home” of our local “recently departed” estate agent.
The sublime irony being – what is the latest function of the premise??……..just had to burst into uncontrollable laughter at the “black humour” ……………… a “Funeral Parlour,”
You just couldn’t make it up! Have a great weekend!!
12. gardeniadotnet said...
>a “Funeral Parlour,”
People will be dying to get in there.
13. jack c said...
"The business will come back when consumer confidence rises but until then we'll just have to wait" - some business strategy they have - I'm sure the banks will support them through any cash flow crisis until things eventually pick up !
14. crutchley said...
Who gave you guys persimmon to make these terrible puns?
15. Mark Wadsworth said...
Crutchley, cheer up, it's Friday, don't be such so wimpey. It's nearly five o'clock and I'll be in the barratt quarter past.
16. paranoia blue said...
Jack c ...your mention of rising .....is that a reference to the Second Coming?
17. crutchley said...
Mark, it's clear you had to Taylor that quite carefully.... if you were actually trying to cheer me up, it was the rightmove
18. It Come Too Pass said...
any one fancy a whimpey. see you in the red. row if you find the kier
19. mdmick said...
You guys would row !
20. wiltshire said...
So you're a 21st century homebuilder. Just how many bricks do you need for an MDF Rabbit Hutch?
21. titaniccaptain said...
nothing to worry about their all just bricks in the wall...speaking of which very sad to hear about rick wright from pink floyd....i was just getting over syd barrett...oops another pun
22. titaniccaptain said...
hate having to do this on my mobile...cant wait to get my broadband back up and running so i can inflict myself on the masses again....moving house is not fun
23. malct said...
we could always fill the containers going back to China with houses we don't need!
oops crickey - that would push house prices up in UK
24. afrobaggie said...
I thought all these puns would cheer me up, unfortunately no pun in ten did.
25. mark wadsworth said...
TC, I hope you are renting your new place!
26. malct said...
hey afrobaggie! you're OK
no pun intendid
27. renting2 said...
Wonder if it will be cheaper to import Chinese bricks once our own brick making industry has been killed off?
28. titaniccaptain said...
no mark wads its my old cottage i couldnt sell had to cramb the tribe into...had to move back in because landlord has had house reposessed
29. jack c said...
@titaniccaptain - are you in the Bass-ment (LOL)
30. titaniccaptain said...
lol jack c cant find room for my amps
31. Fedupwithhouseprices said...
Do you have concrete evidence as to the cause and should we see this as a window of opportunity? I know which path I choose to tread now and I see this as a gateway to a better future. I hope this opens doors to all who have been outpriced in recent years so all in the garden will be rosy :)