Doom and Gloom????

Cuts doom and gloom seems to be the theme of our industry right now or should I say the media in general, nothing like a good old moan from us Brits- even the weather is doing its bit for flaming June!

The thing that bugs me though is the scale of the figures and the fact that like most business around we’ve made massive changes to respond and we are still here alive and kicking ….

Now I’ve been trying to find some stats to back me up, and perhaps someone can help me here but I remember attending an event organised by the sadly now defunct Contract Journal magazine about the Olympics (only 787 days to go). The stat was it was around £9bn of work over a 5 year period and that this represented less that 5% of the total construction output at the time. But what is the total output of the UK construction industry? That’s the bit I couldn’t find. I did find this graphic showing what’s happening to GDP though – looks like things are on the up!

So my point is that there is all this talk of multi billion pound cuts and the dramatic effect it will have on us but I remain to be convinced. The percentage of actual reduction is not that huge. How many of you out there have made huge cost savings and or cuts to your personal life and or business beyond say 5%? A huge number of us I’d guess. So for the government to make savings in it’s wasteful expenditure of our money is a good thing. Surely?

Anyway if you fancy a new mobile phone you could always take a look at how things have come on since 1922. I wonder what they were saying ………

2 Responses to “Doom and Gloom????”


  1. 1 Phil Clark June 7, 2010 at 9:17 am

    Interesting opposing view Derek. Judging by what David Cameron is going to say today https://wiki.ubm.com/docs/DOC-22204 the government is gearing us up for both doom and gloom for the foreseeable future. Is this just political rhetoric? To some degree yes. We, especially in the media, thrive on crises. Whether the reality will bear us, or you, out, only time will tell.

    • 2 derekmynott June 7, 2010 at 10:10 am

      Hi Phil,
      Thanks for the comment, I couldn’t open the link it said it was for ubm employees only??? I know what you mean though, it’s just that it’s always better to read/hear good news stories as they are more uplifting and inspirational for us all, and it would be good to see some more of that around right now.


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About Me

I’m now the Managing Director of Mynott Associates Limited my own specialist measurement business. I’ve been in the industry all of my life since I left school. My first job was with Bovis Construction as a management trainee where I trained to become a quantity surveyor. I’ve worked for contractors all through my career, I am FRICS, FCIOB and MCIHT qualified and act as an RICS assessor. I’m also a keen Arsenal supporter having followed them from a young boy

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