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CN Briefing: EU referendum; Euro 2016; Paul Drechsler

It’s not easy being an England fan.

You always start off with hope but you can never seem to shake that uneasy feeling of impending doom.

We’ve done enough today to survive. But for how long?

As the polls in the run-up to the EU referendum edge closer, there seems to be more doom and gloom ahead, with an increasing number of people speaking out about the perils of Brexit.

CBI president Paul Drechsler has been hitting the phones today, urging the leaders of UK contractors to tell their employees what the consequences of a vote to leave the EU would mean for their business.

He wasn’t holding back, likening Brexit to the financial crash of 2008/09 and saying that leaders should be spending next week discussing the referendum with their staff and supply chain at “toolbox talks, site talks, talks in the office”.

Of course, no one knows exactly what will happen if we leave the EU; it’s an unknown.

But one thing we do know is that uncertainty leads to delayed decisions and stalled projects, while time and money go down the drain.

And another certainty if we were to leave the EU is that the construction industry’s supply of EU labour would be restricted.

Ask any contractor what the number one problem facing their business is and nine times out of 10 they will tell you it’s skills – or lack thereof.

So what could that mean for the industry?

According to Mace’s chief operating officer Gareth Lewis: “If we didn’t have foreign labour there is no way UK construction could survive”.

Bold words that sum up many people’s mood in industry today.

Other news

Leaders of the 10 largest cities outside London have warned that a vote to leave the EU in next week’s referendum would cause serious damage to regeneration projects

Legal & General is backing the construction of the £350m Newcastle Science Central development, in partnership with Newcastle City Council and Newcastle University

Got longer?

Check out CN’s latest project report. Galliford Try faces down one of the UK’s most dangerous rail crossings in Lincoln

 

 

 

 

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