Brexit contagion spreads as confidence slumps at large practices

RIBA, 66 Portland Place

Source: Philip Vile

Now no-deal nerves hit big firms too, RIBA survey finds

Large UK architecture practices have joined their smaller peers in expressing concerns around Brexit and the future of the domestic economy, according to new RIBA data.

The RIBA’s latest Future Trends survey found that large firms, those with more than 51 staff, were far more pessimistic at the start of the year than they were in December, recording a balance figure of -40, a sharp contrast with the previous month’s +60.

RIBA executive director Adrian Dobson said the slump in workload confidence among large practices was “a cause for concern”, noting that the lack of clarity about the Brexit process – and the potential for a ‘no deal’ exit from the EU – was being cited by many firms as the biggest cause of concern.

This content is available to registered users | Already registered?Login here

You are not currently logged in.

To continue reading this story, sign up for free guest access

Existing Subscriber? LOGIN

REGISTER for free access on selected stories and sign up for email alerts. You get:

  • Up to the minute architecture news from around the UK
  • Breaking, daily and weekly e-newsletters

 

Subscribe to Building Design and you will benefit from:

Gated access promo

  • Unlimited news
  • Reviews of the latest buildings from all corners of the world
  • Technical studies
  • Full access to all our online archives
  • PLUS you will receive a digital copy of WA100 worth over £45

Subscribe now for unlimited access.