All Business news articles
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Information - BDWebinar: How to survive a recession
Hear advice and strategies from practice leaders who have been there before
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News
Covid won’t be as bad as 2008 financial crash, Aukett chief predicts
Plenty of funding remains for projects despite pandemic, says architect
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Zaha Hadid Architects warns profit could be hit by covid-19
Impact on cashflow could become more significant in coming months, say directors
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Architects feel the squeeze as pressure mounts on practices to start discounting
Evidence suggests fee discounting is on the rise
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Almost 10% of practices expect to go bust because of covid-19
Almost three-quarters expect profits to fall, as more staff are furloughed
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Architectural job vacancies fell 80% at start of crisis
Recruiters report first signs of green shoots – as interviews held in parks and on bikes
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Shadow of suicide fee bids looms over profession
Desperate practices offer 20% discounts to win work
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Architects declare a ‘crisis like no other’ as confidence falls to all-time low
Staffing index also at lowest mark in history
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Construction sector slumps by record amount in March
Sector fell by 5.9% during the month as covid-19 sends economy into reverse
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Chancellor extends furlough scheme until October
Rishi Sunak says 7.5 million workers are using initiative
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Profit dips at ZHA despite ‘record’ turnover
Practice points to exceptional costs for profit knock as income from Asia soars and headcount rises
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Turnover dips but gross profit rises at Broadway Malyan
Global practice reports squeeze in UK revenue as Asia and Middle East booms
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Confidence in global work prospects drops to a five-year low
Number of architects employed by world’s top practices drops after last year’s high
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Faulkner Browns turns over new maple leaf
Canada outpost marks Newcastle practice’s first overseas venture
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Penoyre & Prasad ‘merges’ with Perkins & Will
London practice says joining forces with global business will boost its reach and impact
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Architects with Revit skills earn 9% more
Practices pay salary premiums for staff with prized digital experience
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Majority of architects have done zero planning for no-deal Brexit
RIBA research also shows practices’ confidence lowest for three years
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Liquidation blow for Kevin McCloud-backed firms
Three of Grand Designs presenter’s award-winning development businesses go under
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