Sunday 21 September 2008

Cranbrook

The news that the new town of Cranbrook near Broadclyst has been put on hold due to the current economic crisis must have sent shivers down the spine of anyone involved in the construction industry. It is when you see the practical effects of the 'credit crunch' hitting home that you realise that the long term effects of this still developing situation are likely to hit families and employment prospects on a far bigger scale then a few thousand people in the banking sector getting their p45's. We all tend to forget how much of the economy even in an area like this, is now tied up with house and road construction now that much of manufacturing has gone. Now, may well be the time for those who have been dependent on construction for a living to start updating their broader skills or considering a total change of career. It could well be that those who want to remain in construction may well find that their best prospects for future employment might well be in the areas of the world who seem to be benefitting from rising energy prices, the gulf states, Russia or possibly even China.

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