Survey shows post-referendum volatility

Latest News Mon, Sep 26, 2016 8:55 AM

In August, the RIBA Future Trends workload index rose after suffering in the first month following the UK referendum on membership of the EU.

Despite rising into positive territory in August, with a balance figure of +8, the index remains significantly lower than in the first half of the year.

Practices based in London were the least optimistic, predicting a decrease in architectural workloads (balance figure –6). Practices in the North of England, East Anglia and the Midlands were notably more positive.

Large practices (51+ staff) were more anxious about sustaining workloads over the next three months, with a balance figure of –17; small (1–10 staff) and medium-sized (11–50 staff) practices were more optimistic.

The private housing sector remained the strongest of the sector forecasts, with a balance figure of +7. The forecasts for the commercial, community and public sector stayed in negative territory.

The RIBA Future Trends staffing index increased slightly, standing at +7 in August (up from +4 in July). Small and medium-sized practices expected staffing levels to increase in the medium-term; large practices were more cautious, returning a balance figure of zero.

RIBA Executive Director Members, Adrian Dobson, said: “Commentary from participating practices is still being driven by Brexit-related uncertainty. A small number of practices have again reported projects cancelled or postponed as a direct or indirect result of the referendum outcome. It is likely that the workload index will remain volatile as the full implications of the UK’s changing relationship with the EU emerge.”

Featured News

Specification news
New personalised portal launched by NFRC

NFRC Members can now benefit from a refreshed, optimised digital experience on the...

Read More >>

Specification news
Get Creative with Beauflor

Beauflor CREATE is the custom digital-print sheet vinyl from Beauflor. Transform...

Read More >>

BUILDING PRODUCT LIBRARY - LATEST BROCHURES

Flooring Collection 2026 Brochure

Flooring Collection...
By Gerflor

Download Now >>

Housing Brochure Brochure

Housing Brochure
By Gerflor

Download Now >>

CSR Report 2025 Brochure

CSR Report 2025
By Gerflor

Download Now >>

Thomas Company Brochure Brochure

Thomas Company Broch...
By Thomas Panels and Pr...

Download Now >>

SCHOTT UK Ltd- Certificate of Approval Brochure

SCHOTT UK Ltd- Certi...
By SCHOTT UK Ltd.

Download Now >>

BUILDING PRODUCT DIRECTORY - LATEST PRODUCTS

Skytech PRO XL
Skytech PRO XL

Skytech Pro XL is an A2-s1, d0 fire rated construction membrane that is insulating and vapour...

Read More >>

Safeshield XT Reflect
Safeshield XT Reflect

Safeshield XT Reflect is an A2-s1, d0 fire rated construction membrane for the use in high risk,...

Read More >>

Safeshield INT Reflect AVCL
Safeshield INT Reflect AVCL

Safeshield INT Reflect AVCL is a high-performance air and vapour control layer that boasts class...

Read More >>

CONSTRUCTION VIDEOS - LATEST VIDEOS

Fortitude™ Steel Railing Systems: Adjustable Off-the-Shelf Balustrade Guide
Fortitude™ Steel Railing Systems: Adjustable Off-the-Shelf Balustrade Guide

Fortitude Steel Railings and Balustrades are one of the most versatile, off-the-shelf, steel...

Watch Now >>

Pro-Railing® Stainless Steel Handrail Systems: 6 Modern Balustrade & Glass Railing Solutions
Pro-Railing® Stainless Steel Handrail Systems: 6 Modern Balustrade & Glass Railing Solutions

Pro-Railing® – our Stainless Steel Handrail Component System with six stunning ranges to choose...

Watch Now >>

Why Professionals Choose Outdure QwickBuild | Aluminium Deck Frame Case Study
Why Professionals Choose Outdure QwickBuild | Aluminium Deck Frame Case Study

This case study explores a stunning designer terrace featuring the Outdure QwickBuild system,...

Watch Now >>