As house building companies shed employees left, right and centre, I regret not posting the sekrit insider information I had a few weeks ago. K. quite rightly warned me off, out of libel concerns: suggesting that a company is doing badly can attract charges of libel, and Iâ€™d need more proof than â€œa mate saidâ€. Proving that I had been told it is not enough; proving what I had been told might not have been enough: libel law is tricksy, and even evidence of glee would be held against me.
Whatâ€™s most interesting (and most galling) is that the company I know about hasnâ€™t even announced anything yet. So not only did I miss out on a chance to look like the punditâ€™s pundit, but the housing trade is in for worse times yet. Still, best to down tools before you install carpets, so you donâ€™t have to rip them up again when the flood plains flood.