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Keep up to dateBy Mark Farmer2018-11-15T07:00:00
We are not going to meet the economic shock of Brexit by building in the way we’ve always done. We have to embrace radical change
As we head towards Brexit, a potentially seminal point in our country’s political and economic history, I increasingly feel the construction industry is approaching an equally momentous moment, two years on from when I told it to Modernise or Die.
The stakes are high. Standard & Poor’s recent prediction of what a no-deal Brexit will look like includes the onset of a recession, a house price and commercial property crash, sterling depreciation, rising unemployment and reduced wages. Even before Brexit is defined, all the lead indicators and market sentiment studies suggest declining macroeconomic confidence irrespective of real economy fundamentals. Some would say we are already facing a housing and property market correction.
Whatever the size and nature of our organisation, we should be curious about a new wave of exciting technologies and digitally augmented processes
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