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Barometer

Barometer: How many ghost towns are there in Britain?

Abandoned villages, expendable ministers, power profits

12 October 2013

9:00 AM

12 October 2013

9:00 AM

Lost property

The second-to-last surviving resident of St Kilda — a small archipelago 40 miles off the Outer Hebrides which was abandoned in 1930 — has died. There are more than 4,000 abandoned settlements in Britain:
Althorp Medieval village on the Althorp estate, Northamptonshire, removed by the Catesby family in the early 16th century to make way for sheep pasture
Imber Isolated village on Wiltshire downs which was evacuated and added to the adjoining military range in 1943 to train US troops. The buildings survive, including a mock housing estate built to simulate conditions in Northern Ireland
Rattray Ancient town in Aberdeenshire created Royal Burgh by Mary, Queen of Scots in 1563 but abandoned after sand dunes cut off its harbour in 1720
Cratendune Church and settlement in Cambridgeshire established in 607 and destroyed around 650. Mentioned in Anglo-Saxon texts but remains still missing

In and out

David Cameron had a modest reshuffle, sacking only one cabinet minister. Are ministers now more or less expendable?

Reshuffles
Blair ’97-’01 7
Blair ’01-’05 8
Blair ’05-’07 3
Brown ’07-’10 3
Cameron ’10- 3
Ministers employed
Blair ’97-’01 34
Blair ’01-’05 31
Blair ’05-’07 27
Brown ’07-’10 27
Cameron ’10- 29

Profit share


Applications for Royal Mail shares closed, with some analysts predicting instant profits of 40 per cent. What profits did investors make on 1980s of utilities in the 1980s?

Profit after 1 day
BT 35%
British Gas 10%
Water (ave) 20%
Powergen 22%
National Power 22%
Profit after 1 year
BT 84%
British Gas 24%
Water (ave) 39%
Powergen 29%
National Power 22%

Source: CESifo

Through the roof

Chief Secretary to the Treasury Danny Alexander said house prices are not high now compared with their long-term average. How do house prices compare with what they were at the last two peaks?

2007
London -10%
South East -20%
West Midlands -24%
North -28%
Wales -26%
Scotland -26%
N. Ireland -61%
1989
London +55%
South East +12%
West Midlands +17%
North +27%
Wales +16%
Scotland +41%
N. Ireland +71%

Source: Nationwide/ONS


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