Homebuilding Plans Under Threat From ‘No Deal’ Brexit

The potential impact of a no-deal Brexit on homebuilding with a warning of up up to 43,000 fewer construction jobs in the UK, according to new research commissioned by the Mayor of London. In London alone there could be 5,000 fewer jobs in the construction sector under a no deal Brexit, with the capital’s construction sector output potentially falling by £1.2bn up to 2030 when Britain leaves the European Union in April next year. The findings are contained within analysis of the potential impact of five different Brexit scenarios on London and the whole of the UK commissioned by the Mayor last year from leading economic analysts, Cambridge Econometrics. Download the report from the Cambridge Econometrics website.