report issued by the Office for National Statistics in London said that
the United Kingdom's economy increased by an annual 2.8 percent in the
third quarter, the quickest pace in two years, Bloomberg reported. The
report showed that gross domestic product grew 0.7 percent compared to
the previous quarter, affected by expansion of service industries and
Rising house prices, record
employment and a recovery in manufacturing have pulled the economy back
from a slowdown in 2005. An economist at ABN Amro said that in light of
the growth and building inflationary pressures, the Bank of England
needs to raise interest rates more than once to quell inflation
to the International Monetary Fund, U.K.'s economy will probably grow
2.7 percent this year, compared with 3.4 percent in the U.S., 2.4
percent in the euro area and 2.7 percent in Japan. It is worth
mentioning that the U.K. economy has expanded for 57 consecutive
quarters, avoiding the recessions in the U.S., Germany, France and
Italy in that period.
I imagine that a lot of those new houses will be off grid. Thus builders will find it economic to use high insulation building techniques to keep expensively generated heat in. Such rural houses would have space around them which people can use for heat pumps, solar panels (the warm water kind), and micro wind/biomass plants. Water conservation/recycling would become more important and people would have a limited supply (you'd have to dig a bore hole or pay for expensive metered water). The people living in the houses wouldn't necessarily buy grub in the relatively distant shops but instead get some/most of it delivered by local farm producers - reducing the number of miles food gets shipped marginally.
Communications have moved on so that many people could do their jobs close to home. We would be more resilient as a country and people who are not packed together can be more tolerant in times of stress.
� 1998 -