Brexit blamed for falling value of work

RIBA's 66 Portland Place headquarters

Future Trends reports second consecutive drop in value of work in progress

The RIBA is blaming Brexit jitters after architects reported a drop in the value of work in progress for the second consecutive quarter.

The finding “indicates the impact of ongoing Brexit uncertainty”, said Adrian Dobson, the institute’s executive director for members.

RIBA’s latest Future Trends report contained some good news, however, with its monthly workload index increasingly from +7 in September to +11 in October, back to where it was in the summer.

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