London roadworks and economic output

[Zoiderman]

yeah. But soon its going to be a tuliphole with very smooth roads.

Strange that you've noticed this too. But I was in London last weekend, and said to the wife that the parks in East London looked brand new, the roads were like glass and the M25 was about as good as I have ever seen it. The parks in East London were remarkable, I must admit, with some fantastic activities for the kids. I was very shocked, as the last time I was in Hackney, the parks were covered in dog tulip, the parks were tulip and I didn't want to return.

Now I just don't want to return, as london is tulip...

[BrilloPad]

London is a tuliphole hth

yeah. But soon its going to be a tuliphole with very smooth roads.

[Peoplesoft bloke]

London is a tuliphole hth

[BrilloPad]

Last 6 months London just sems covered in roadworks - plus trains being upgraded (e.g. London Bridge). Seems to be Olympics related - to give Johnny Foreigner a good impression of us.

I reckon this is the only thing holding up the economy at the moment - once the olympics are out of the way this spending is going to disappear and rather than getting a post-olympic boost we are going to get a post-olympic slump.

And the only reason that Q1 GDP will be flat rather than slightly negative was telling everyone to fill up with petrol immediately, ostensiably to beat the strike but really to get spending back from April 1st to March 31st.