Brexit contagion spreads as confidence slumps at large practices

RIBA, 66 Portland Place

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.

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