Why is the economy in the UK so bad when...?

Question

Focusing on Southampton city because it is what i know. I see plenty of derelict buildings in St Marys, the old places before

West Quay was built all empty. These places could be used to let businesses run and generate revenue! Surely the landlords are not berkish enough to not realize these places could be generating dough? There are plenty of homes that remain not rented out because of too high a price, so stupid landlords prefer have it empty at a cost rather than generate some income. All this seems like just total incompetence from the government and idiotic attitude from the businesses in the UK. There really is NO REASON why the economy cant flourish from an internal market just no one seems to have the nouse to find decent policies for letting it thrive. Gormless Brown and his nonses keep driving us down! Don't you think so? Whats a viable solution?

Answer 1

its most likely because there currency isnt as valuable in other countries so they are spending more money then they are making.

Answer 2

bcos we borrow too much and spend too much and dont make stuff to sell

china makes loads of stuff to sell

you do the math

Answer 3

You are the landlord. You own an old building in St Mary's but you don't have any spare cash. In today's credit crunch, you can't borrow any either. Do you:

1. Do up the building with your non-existent cash? (Hint: the answer begins with N.)

2. Rent it out for a pittance? (N)

3. Sell the building for not very much? (N)

4. Hang on and hope property prices will rise because the area is ripe for development? (Y)

Landlords and property developers play a long game, sometimes measured in decades rather than years. As a business it's a bit like forestry.

On your more general rant: Do you really think G. Brown can wave a magic wand and set the economy right? If so why hasn't he done it already? Would D. Cameron be able to do any better? These people are politicians, not entrepreneurs!

More questions than answers, but I think you can see what I'm driving at. ;-)

Answer 4

IMMIGRANTS GET IT ALL  IF YOUR BRITISH JUST GET ON WITH IT YOU KNOW THE SCORE

Answer 5

we have no industry as such any more, it all got farmed out to other countries because they make goods cheaper, look at China, most of our goods come from there. And India of course, and the height of idiocy is that any jobs that can and should be done in UK are still going overseas, like call centres. The government is largely to blame, borrowed too much, not enough saving, and people just followed suit. We have seen what has been happening in US, their property market falling through the floor and ours are following suit.

Keep jobs going here, don't keep on giving them to foreign companies, and stop people from asking for well over inflation pay rises. And lets start with the wankers in power.

Answer 6

The reason the economy cant flourish is 12yrs of labour wasting the tax payers money , also we just dont trade labour lived of taxes and the banking sector. Labour have created the a totally unbalanced economy which can even be seen in terms of violence on the streets of London . Only way is get rid of labour and reduce taxes and start trading we just import and all the money has been sucked abroad just look how the pound is held high on the market and yet we are  so far debt  .

Answer 7

Often politics and greed get in the way of common sense.