By Wayne Stathakis and Andrew Rowland 2019-03-19T12:00:00
What impact is the uncertainty around Brexit having on main contractor and MEP contractors’ London workloads?
Brexit is dominating the news headlines. However, looking back at London’s construction market over the past 12 months you’d be hard pressed to spot a distinctive “Brexit effect”.
As we’ve shown in our main and MEP (mechanical, electrical and plumbing) contractor market reports for 2018, output and enquiries were comparable to 2017 for main contractors, while MEP output rose slightly, by 10%, across the UK.
In the commercial office market, even with a slowdown in the West End and Docklands, main contractors in central London still recorded similar levels of output to those seen in the pre-financial crash years. MEP for commercial offices told a slightly different story countrywide, with an 8% decrease in output.
You are not currently logged in. Subscribers may LOGIN here.
A subscription will provide access to the latest industry news, expert analysis & comment from industry leaders, data and research - including our popular annual league tables. You will receive:
Get access to premium content subscribe today