Housebuilding Sector Possibly Affected by EU Uncertainty
by Paul Heming
We have already spoken at length about how the possibility of a Brexit appears to be affecting the Construction industry, with uncertainty relating to the UK’s position in the European Union (EU) possibly leading to the growth of the industry being tempered during the first and second quarters of 2016. Despite the government’s pledge to support new infrastructure and building programmes, which is intended to result in the delivery of 200,000 new homes by 2020, it now appears that the uncertainty may be having an effect on the housebuilding market. The Royal Institution of Chartered Surveyors have discovered that workloads amongst private housebuilders has increased by the slowest rate since the second quarter of 2013, with a slowdown across the industry also having been reported. The survey also showed that a little over a third of those working in the private housebuilding sector saw their workloads increasing during the first quarter of 2016, when compared to 50% reporting the same during the first quarter of the previous year.While this may seem like bad news at first, the same survey also showed that those in the Construction industry expect the number of people working in it to increase by a further 2% during the year, demonstrating that the industry appears to be stable and growing during a difficult period in the UK’s recent political history.It is important to remember that these figures still represent growth in Construction, though perhaps at a slower rate than predicted before the possibility of a Brexit loomed. We believe that this growth will increase once a resolution has been reached regarding the UK’s status in the EU, as the uncertainty that the issue has caused is clearly having an effect on Construction.Better yet for Specialists, the growing community at C-Link now includes many Professionals who are looking for the right people for their jobs. By joining up today you will gain access to a host of new opportunities, demonstrating that there is still plenty of work available for Specialists, even in such uncertain times. We also predict an upsurge in activity on the C-Link platform following the referendum, as Construction stabilises itself and counters the unpredictable environment that has been created by issues out of its control.If you would like to discover what C-Link has to offer you, whether you’re a Specialist looking for work or a Professional who needs to find somebody to help with your Construction needs, register with www.c-link.com today to find out how you can make use of our revolutionary platform.
C-Link – Supporting Construction Growth
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