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Margaret Beckett suggests housing upturn

Just days after a business Minister suggested she was seeing the green shoots of an economic recovery, Labour MP Margaret Beckett has stepped forward to suggest tentative signs of a housing upturn. This has attracted widespread criticism along the lines of the "green shoots of an economic recovery" and there are suggestions yet again that Labour MPs are not living in the real world. The UK property market is continuing to fall further and further with less and less finance available and interest at record low levels.

How any Labour MP can step forward to suggest that the good times may just be around the corner when thousands and thousands of UK homes are being repossessed every week is something which could well come back to haunt the government in due course. Whether Margaret Beckett was looking to inject some confidence into the property market or indeed she does believe that the good times are just round the corner this is yet another serious gaffe by the UK government.

While many people have given Gordon Brown the benefit of the doubt regarding the performance of the UK economy over the last few years and into the future, each and every political gaffe by his fellow Labour MPs is reducing the confidence of UK taxpayers. The UK population would probably appreciate more honesty rather than trying to hoodwink consumers and property investors into thinking that the worst is over.

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