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The phrase: "turnover is vanity, profit is sanity" has been trotted out so much over the years I've been in this business that it's become a cliché. But, like all clichés, it's become one simply because it is true.

The UK has a budget deficit of £178bn and growing. Oh my, that's a lot of money.

So we finally know the price that Travis Perkins has put upon the BSS business. £557m is a lot of money. But then they are buying a lot of business. It represents an uplift of 37% on the share price the day before the announcement was made which is a pretty good deal in my…

So here we are again. Just nine months after the country ground to a halt because of the appalling snowfall in February the country is now 'whited-out' as one particularly enthusiastic local TV news reporter said last night.

So let me get this straight. I've returned from holiday to find that we've slipped through a hole in the space/time continuum and gone back in time.

The greenest Government ever? In your dreams, David Cameron.

If any day was designed to be a "duvet day", today is it.

Dear Mr Cameron. Um, What the- insert own expletive here - are you playing at?

Well, we've written enough times about company takeovers on the past few years so it was probably about time it happened to us.

It doesn't matter who you talk to, the answer seems to be the same: construction is out of recession.