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Make set to lay off staff as projects stall due to Brexit uncertainty

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Make Architects is expected to make about a dozen staff redundant from its London office due to a slowdown in its UK work

It is understood the practice will officially announce how many of its staff will be let go next week and that the employee-owned company, ranked 24th in the most recent AJ100 league table, is blaming Brexit jitters for schemes stalling.

Earlier this year Rogers Stirk Harbour + Partners (see AJ 12.07.18) also pointed the finger at the economic uncertainty caused by the UK’s decision to leave the EU for a drop in its workload.

The dip in Make’s recent fortunes was first highlighted in the practice’s company accounts for 2017, which showed a 12 per cent fall in turnover from £20.1 million in 2016 to £17.8 million last year.

This marked a fall in the UK’s contribution to the company’s overall revenue from 78 per cent to 72 per cent (see AJ 09.04.18).

A statement released with those figures said: ‘Make’s performance in 2017 reflected industry-wide uncertainty. [Revenue] decreased by 12 per cent from 2016, due to the fallout from the EU referendum.’

While UK work is slowing down, the practice’s Australian studio is going from strength to strength. According to the accounts for the year ending 31 December 2017, the Sydney office’s turnover rose from £1.7 million to £2.1 million during the year.

The office’s headcount has swelled too, from four to more than 20, prompting a move to a new studio in July.

The 130-strong practice said it was unable to comment on the speculation about job losses at this stage.

Make's approved 225 Marsh Wall

Make’s recenlty approved 225 Marsh Wall

Source: AVR London

Make’s recenlty approved 225 Marsh Wall
 

  • 2 Comments

Readers' comments (2)

  • MacKenzie Architects

    It isn't Brexit uncertainty, it is a combination of the Euro collapse uncertainty and the banks being insolvent that's the problem.
    -and actually UK will become a safe haven again for foreign wealth just like it did a few years ago when the PIIGS were panicked.

    As long as low interest rates last, this is a very good time to build. Just wait 'til inflation hits and bank base rate starts to rise.

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  • It's more than uncertainty which is responsible for the slowdown. Many companies, especially banks, have had to make plans to move jobs into the EU27 because of the risk of no deal. Many of these plans will not be reversed, even if the Brexit decision is, and the jobs will be lost permanently. The removal of uncertainty will not bring back those jobs or the work they bring to architects.

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