Mace warns no-deal Brexit would ‘significantly damage construction’

By Will Ing2019-09-17T05:00:00

Source: Shutterstock

Contractors will be hit by higher materials costs and departing EU workers, report says

Mace has said a no-deal Brexit would “significantly damage the construction industry” as tender prices would be dragged down by a slump in demand.

In its latest report about tender costs, the £2.35bn-turnover group reasserted its prediction that UK tender costs would rise by 1.5% in 2019 and 2020 and 2.5% in 2021.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community