Brexit fears hitting small architectural firms hardest
RIBA survey finds work and jobs confidence among small firms has slumped
Fears around the negative impact of Brexit continue to weigh down UK architects, with small firms the most nervous as investors put their plans on ice.
The RIBA’s latest Future Trends Workload Index showed a fall from a balance figure of +10 in November to +3 last month, with declines in private housing work hitting small practices, according to executive director for members Adrian Dobson.
Small firms, those with between one and 10 employees, returned a balance of just +1 in December, down from +6 in the previous month, while the returning balance of mid-sized firms of between 11 and 50 staff fell from +24 to +14.
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