No deal and Immigration White Paper are damaging to construction

Leaving the EU without a deal would be more catastrophic for the construction industry than the financial crisis of 2008

The National Federation of Builders (NFB) believes that leaving the EU without a deal would be more catastrophic for the construction industry than the financial crisis of 2008, when it lost more than 250,000 skilled workers

On 18 December, the Government set aside £2 billion to step up preparations for leaving the EU without a deal on 29 March 2019. And cabinet ministers agreed that businesses should begin preparing their no-deal contingency plans. The Government will be sending 140,000 letters to businesses and put 3,500 troops on standby.

A no-deal Brexit would make life harder for SME house builders and regional contractors at a time when the country is suffering from an acute skills shortage and a chronic housing crisis.

The Government is also making the situation worse with its Immigration White Paper. The paper’s proposals would impose an annual salary threshold of £30,000 for immigrants in low-skilled trades, among which it includes construction.

Richard Beresford, chief executive of the NFB, said: “Construction businesses need stability and, with 100 days from Brexit, the Government seems to be working toward providing the exact opposite. A no-deal Brexit would not only make it harder for SME house builders to grow and prosper, but would make it impossible to build 800 homes a day and train the skilled workers of tomorrow.”

Monika Slowikowska, director of NFB member company Golden Homes, said: “Telling businesses to prepare for no-deal while launching policies that would undermine construction, among other sectors, is setting the industry up to fail. The Government needs to work much harder to deliver a Brexit which provides certainty to business.”

Share by: National Federation of Builders

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Letting Agent Talk

CP12 Landlord Certificates: What They Are and Why You Need Them

If you’re a landlord in the UK with gas appliances in your rental property, you’re legally bound to ensure they’re safe. That’s where the CP12 certificate for landlords enters the picture. Also called a Landlord Gas Safety Record, the certificate assures that your property’s gas installation is safe and in accordance with regulations. Yet, despite…
Read More
Breaking News

Horse Guards Parade property prices up 17% since last Trooping the Colour

The latest property market analysis from London’s number one lettings and sales estate agency brand*, Foxtons, has found that it’s not just military prowess on show during Trooping the Colour this weekend, as house prices within the SW1A postcode, home to Horse Guards Parade, have soared by 17.3% over the last year, demonstrating the pedigree…
Read More
Breaking News

What landlords need to know about the upcoming Renters Rights Bill

The government’s long-awaited Renters Rights Bill is one of the most significant overhauls of the private rental sector in decades. While it has not yet received royal assent, the legislation is expected to come into effect late this year, or early in 2026. With the bill moving closer to becoming law, Steven Bond, managing director…
Read More
Letting Agent Talk

Buy-to-let investors can benefit from 12% price discounts for unmodernised homes

Research by London lettings and estate agent, Benham and Reeves, shows that buy-to-let investors can snap up unmodernised properties for as much as -12.3% below the average market house price, providing a stellar opportunity for strong and relatively fast investment returns. Benham and Reeves analysed house price data for 36,175 unmodernised properties currently listed for…
Read More
Estate Agent Talk

UK estate agents facing heightened competition as agency numbers up 24%

The latest research by eXp UK, the platform for personal estate agents and estate agency businesses, has revealed how competition has grown within the UK estate agency sector, with the estimated number of estate agency businesses increasing by 24% since 2017, with this figure expected to keep climbing over the coming years. eXp UK analysed…
Read More
Breaking News

Homeward Bound

Homeward bound: 74 per cent house price growth over twenty years and affordability barriers price Brits out of their childhood hometowns House prices across the UK have increased by an average of 74 per cent, over the last 20 years, from £113,900 to £268,200 52 per cent of Brits have said they would consider a…
Read More