Friday, September 19, 2008

Will these companies be “bailed out” ?

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 (1789 views)
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27 thoughts on “Will these companies be “bailed out” ?

  • So not everyone is “bricking it” 🙂 . Sorry but with all this doom and gloom i couldnt resist!

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  • Exeter factory, not mentioned in the article, just gone to best bids – 24 acre brownfield site

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  • techieman – I bet you are off to cement a few more deals with it being Friday afternoon

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  • there is always chinese fake bricks…lol

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  • gardeniadotnet says:

    It’ll soon be time to throw in the trowel.

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  • gardeniadotnet says:

    The bosses must be mortarfied.

    Er, I’ll stop now ( unless I think of another.)

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  • are you pationising me ?

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  • gardeniadotnet – there must be “hods” more jokes on this one

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  • Keeping the bosses & staff’ spirit level should be a breeze-block the short sellers, giving a concrete floor to the crisis etc. etc.

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  • gardeniadotnet says:

    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!

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  • 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!!

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  • gardeniadotnet says:

    >a “Funeral Parlour,”

    People will be dying to get in there.

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  • “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 !

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  • Who gave you guys persimmon to make these terrible puns?

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  • Mark Wadsworth says:

    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.

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  • Jack c …your mention of rising …..is that a reference to the Second Coming?

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  • Mark, it’s clear you had to Taylor that quite carefully…. if you were actually trying to cheer me up, it was the rightmove

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  • It Come Too Pass says:

    any one fancy a whimpey. see you in the red. row if you find the kier

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  • You guys would row !

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  • So you’re a 21st century homebuilder. Just how many bricks do you need for an MDF Rabbit Hutch?

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  • 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

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  • I thought all these puns would cheer me up, unfortunately no pun in ten did.

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  • mark wadsworth says:

    TC, I hope you are renting your new place!

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  • hey afrobaggie! you’re OK

    no pun intendid

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  • Wonder if it will be cheaper to import Chinese bricks once our own brick making industry has been killed off?

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  • @titaniccaptain – are you in the Bass-ment (LOL)

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  • Fedupwithhouseprices says:

    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 🙂

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