How will the Construction Industry respond to BREXIT"
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How will the Construction Industry respond to BREXIT"
Building Construction: Architecture Business Advice Article
31 Mar 2019
How will the Construction Industry respond to BREXIT"
As our government continues to shock us with their haggling in parliament, the effects of BREXIT are starting to be felt by Clients, Professional and Contractors alike. In the construction industry we rely heavily on consumer confidence and uncertainty has direct and fast effects. We can already see the impact of the ongoing Brexit process in the construction industry within our labour force, materials costs, projects funding and beaurocracy.
Labour
Building in the UK relies on an enormous amount of EU Migrant labour, both for skilled tradesmen as well as professionals such as Architects. The current demand for construction professionals and contractor tradesmen in the UK is enormous and already we can see a serious lack of personnel available to meet that demand. The UK’s exit from the EU threatens to make this situation much more acute. The major difficulties are three fold:
1. The worker shortage will result in increased costs for projects which we are already seeing in current project tenders. Where the supply is not available to meet demand, labour costs will increase as consultants, tradesmen and contractors demand higher pay.
2. The government has committed to build over 1 million new houses. The l...
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