Tuesday, 21 June 2016

The Pros and Cons of Brexit for the Construction Industry

PROS
CONS
Less red tape for SME builders
Less say over EU trading standard whilst still having to comply with them
Widen the talent pool beyond the EU by targeting skill sets to fill the gaps in the industry
Increase skills shortage further due to barriers for EU workers
Invest in upcoming young talent from the UK to address the skills shortage
Increase in import and export duties and greater restrictions on movement of goods
A chance to negotiate a free trade deal with Europe to allow free movement of goods without the costs of an EU membership
Economic uncertainty could make it difficult to raise funds for new developments.
Greater flexibility in relation to environment and health and safety legislation
Property prices are predicted to fall by 10%