Nearly half of medium and large practices expect to axe staff before the end of the year

RIBA 101520

RIBA Future Trends survey reveals darkening mood in London and the south

Nearly half of medium and large practices are expecting to axe staff by the end of the year, according to the RIBA’s latest Future Trends survey. 

Of practices which responded to the survey, 48% of those which employ more than 11 staff said they expected staff levels to decrease over the next three months. 

The survey revealed how confidence is continuing to slip among larger practices, which saw their average balance for future workload expectations drop to -9 in September from zero in August. In July, the figure had risen by 42 points to +13, compared to -29 in June.

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