Latest News Thu, Apr 16, 2020 2:50 PM
The impact of the coronavirus crisis on architects is starkly illustrated by the March 2020 RIBA Future Trends survey results.
As the approaching disruption to the profession became clearer, the RIBA Future Trends Workload Index dropped an unprecedented 33 points to –11, the steepest fall in confidence on record.
Large practices returned a balance figure of –20 (down from +60), medium practices were at –8 (down from +67) and small practices fell 28 points, to -10.
This sharp drop in confidence was recorded in most of the UK. London fell to -19 (from +23); the Midlands & East Anglia fell to -21 (from +29); the South of England went to -7 (from +6); and Wales and the West recorded the largest fall to -9 (from +43). The North of England was the only region that remained in positive territory, at +14.
All sectors fell into negative territory with the private housing sector being the most affected, dropping 21 points to -7. The RIBA Future Trends Staffing Index also fell to 0 (from +8).
RIBA Executive Director Professional Services, Adrian Dobson, said: “Whilst concerns about the potential impacts of the coronavirus crisis had been building for many weeks, March was an obvious turning point. Many practices reported a sudden loss of revenue as the UK went into lockdown, construction sites began to close and new enquiries dropped off. New work was becoming sparse, advice to business from Government was sporadic and uncertainty grew. The profession is clearly bracing itself for the coming weeks and months.
As well as preparing for a potentially rough ride in the short term, architects need to plan for the future and be ready to respond when business picks up. The RIBA has developed our COVID-19 hub with a suite of information and guidance to best support all our members: on financial help, protecting staff, mental health and how practices can prepare themselves for the future.
We are in daily contact with the Government, advocating on behalf of architects to provide businesses with the security they need. We will continue to work hard on behalf of our members and encourage anyone with concerns or suggestions to contact us.”
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