Back
News

Builders warn of slowing growth and higher labour costs as Brexit looms

A group representing small construction firms has warned the Government not to close the door to migrant builders after Brexit as new figures revealed a slowdown in growth, rising materials prices and increasingly severe labour shortages.

Fewer than a third of members of the Federation of Master Builders saw their workloads grow in the three months to September, down from 42% in the previous quarter, and a slim majority see no sign of growth in the near future.

Builders fear plans for a clampdown on “low-skilled” migration after Britain leaves the European Union could exacerbate an existing labour shortage in the sector.

Click here for the full Telegraph article (£)

Up next…