Consumer demand for building work remained resilient in the three months following the vote for Brexit , figures from the Federation of Master Builders ( FMB ) have revealed . Commenting on the results of the first UK-wide survey of the SME construction sector post-referendum , Brian Berry , chief executive of the FMB , said : “ Ongoing workloads for construction SMEs remained remarkably resilient in the months following the referendum vote , suggesting that consumer demand , which accounts for the bulk of SME work , has held up far better than anticipated . “ Some of the other key indicators of SME activity , such as |
employment levels , anticipated workloads and new work enquiries , are all positive , albeit showing slowed growth compared to the previous quarter . If we all agree that construction is a ‘ weather vane ’ industry , and demand for home improvement and new build homes an important gauge of consumer confidence , then our results chime with the cautious positivity demonstrated across construction and the wider housing market .” He continued : “ That being said , construction bosses will be taking nothing for granted . Growth has softened compared to the buoyant first half of the year and some parts of the UK have gone into decline . In particular , London is flat-lining , which is concerning |
given that it is typically one of the strongest markets for construction SMEs . Our feeling is that the construction skills shortage , which we know is particularly pronounced in London and the south east , is starting to bite .” He concluded : “ Our latest figures show that nearly two-thirds of SMEs are struggling to hire bricklayers and 55 % are having a hard time sourcing carpenters and joiners . This highlights a different potential consequence of Brexit , the possibility that we will have a less flexible workforce . 12 % of construction workers working in the UK are of non-UK origin , forming a vital part of a labour force that is already stretched . Given that the skills gap is only expected to grow |
over the next decade , it ’ s vital that talented tradespeople continue to come to the UK . For this reason , we welcome the government ’ s U-turn on requiring companies to publish data on the percentage of foreign workers they employ . Such |
a move would send completely the wrong message to foreign workers currently living and working in the UK and those who might consider coming here .”
www . fmb . org . uk
|