Saturday, March 03, 2007

The Old Economies, Stupid !

My thanks for the comments on transport from the gentleman in Sheffield, a city of which I have fond memories from the mid-1990s when I spent a rather uplifting time surveying small and medium-sized engineering companies on industrial estates in South Yorkshire.

I've just recently done some work on an industrial estate in the West Midlands and how times are changed ! In the mid-1990s, it looked like UK plc was creating a more balanced business portfolio wherein manufacturing still had a key role to play.

Now there are fewer people employed in manufacturing in the West Midlands than before the Industrial Revolution. The UK Land Economy has won the day once again for reasons linked to the global investment market in property.

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