Architect says Brexit continues to dog profession
Feilden Clegg Bradley Studios Architects’ latest account show profit remained flat last year.
The architect said pre-tax profit was £2.2m in the year to March with turnover up 6% to £18.3m.
The Stirling Prize-winning practice, which was behind the new Birmingham Conservatoire and revamps of the Hayward Gallery and Queen Elizabeth Hall and a theatre at Alexandra Palace, both in London, said it was “pleased” with the results “particularly with the uncertainty the effects of the European referendum are still having within the wider architectural profession”.
In its last accounts, published a year ago, profit slumped more than a third to £2.2m. It blamed a slowdown in work following the Brexit vote, expanding its London premises and taking on more staff.