Architecture practices were able to preserve profitability despite a plunge in revenues during the covid-19 pandemic, the RIBA has revealed.

In its annual summary of business trends in the sector, it said overall income was down 15%. But firms managed to keep their heads above water and Adrian Malleson, head of economic research and analysis at the institute, said: “Change to business’ strategy was needed in weeks or days, rather than months or years.

“Practices rapidly and successfully responded to new client requirements, new markets and a need for new ways of working. Through the worst economic and societal shock in memory, practices have preserved their profitability.”

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