Rising costs and covid eat into Make profit

By Dave Rogers2022-10-10T06:00:00

Make Architects London office Fitzrovia 5

Architect says clients hit pause button on jobs

The lingering impact of the pandemic, rising costs of professional indemnity insurance and bad debts in Asia meant Make pre-tax profit tumbled last year, the architect said in its latest report and accounts.

The practice behind the scheme to redevelop the former ITV studios headquarters on London’s South Bank, now subject to a planning inquiry after being called in last month, said an increase in revenue only came from the second half of 2021 with work in the final six months of the year “stable” in the UK with “growth mainly coming from projects in China and Hong Kong”.

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