Quarter of big consultants consider post-Brexit exit

Aaron Morby 5 years ago
Share

Nearly a quarter of large consultancy and engineering firms are considering moving jobs out of the UK if Brexit makes it more difficult to move staff around Europe.

New industry research reveals that Brexit is casting a shadow over the UK construction professional sector, which is set to be hit hard if access to the European single market is not maintained after the UK leaves the EU.

New research by the Association for Consultancy and Engineering has revealed that 22% of large consultancy firms will consider moving jobs out of the UK if it becomes more difficult to move staff around Europe, potentially moving thousands of posts out of the country and jeopardising the delivery of major UK infrastructure projects like HS2, Hinkley Point C and Heathrow Airport’s third runway.

The government has already been warned construction as a whole could lose more than 175,000 EU workers – or 8% of the sector’s workforce – if the country does not retain access to the European single market after Brexit.

The true magnitude of the impact on the industry is likely to be wider according to the new report, The Effect of EU Migration on the UK Consultancy and Engineering Sector Post Brexit.

ACE chief executive Nelson Ogunshakin, said: “The report paints a worrying picture and we will be using its contents in our discussions with the independent Migration Advisory Committee to help strengthen our arguments with hard data from member firms.”

“It is essential that we highlight the difficulties the sector will encounter in recruitment and retention in a post-Brexit world.”

Report findings

  • Continued unfettered access to EU skilled nationals is of high importance to consulting engineering firms
  • On average 10% of consultancy and engineering firms’ staff are from EU member states which is higher than the construction industry average of 6%
  • 67% of EU staff work in London and the south east which is higher than the industry average
  • EU nationals have been used to help manage the UK’s engineering skills gap
  • 50% of EU nationals are fee earners
  • Continued recognition of UK qualifications will be important to EU nationals’ retention

Latest news

Applicant numbers nosedive for construction vacancies

Recruitment market gets even more competitive - how the Enquirer can help
53 seconds ago

Housing association shuts in-house modular factories

Swan closes loss-making steel frame and cross-laminate timber factories
3 hours ago

350-homes approved around iconic London Tube station

Housing blocks to be built around Grade II-listed Hounslow West Tube station
3 hours ago

Domis set for £195m Boddingtons Brewery scheme

Developer Salboy buys Manchester site to kickstart long-awaited 556 homes project
4 hours ago

John Lewis £500m funding deal to build 1,000 rental homes

Deal to advance BTR flats at store sites in Bromley, West Ealing and Reading
17 hours ago

Esh launches new housing retrofit division

Esh Retrofit Solutions will target market to improve the energy performance of social rented homes
4 hours ago

Eric Wright wins tricky £52m Liverpool transformation

Contractor working with engineers at Ridge and Partners on "challenging" Stanley Lock Flight site
3 days ago

Investment giant buys Bristol M&E contractor

RDCP Infrastructure acquires Avon Combined Electrical Services
3 days ago

Demolition start for £50m Farnworth town centre rebuild

Caddick Construction is tipped for main works due to start in the spring
3 days ago

L&G Modular strikes deal to build 1,000 affordable homes

Modular homes business teams up with Hampshire's Vivid housing association
3 days ago

Former Erith operations director joins John F Hunt

Scott Exell named new operations director at demolition specialist John F Hunt
3 days ago

Green light for £135m Leeds twin tower resi scheme

Construction to start in New Year on 500 build-to-rent apartments
4 days ago

Mace hits 1m tonnes carbon saving target for clients

Present work pipeline betters 2026 carbon emission saving target
4 days ago

Plans in for £40m surf park at former Kent colliery

Seahive surf lagoon and health resort will be built near Deal
4 days ago

Crushed demolition worker vows to return to industry

Shannon Brasier hoping to return to construction following horror accident
4 days ago

Mount Anvil to start 900-home North London estate rebuild

Planning approval paves way for Barnsbury Estate rebuild in Islington
4 days ago

Green light for major laboratory campus in Cambridge

Developer BioMed to tender first building on 600,000 sq ft lab complex in the New Year
4 days ago

Belfast firm signs the biggest work deal yet under Project Gigabit

Fibrus to hook-up rural Cumbria to lightning-fast broadband under £108m deal
4 days ago

McLaren wins Leeds logistics park contract

Work to start imminently on warehouse complex for Firethorn Trust
5 days ago

Work restarts on £683m waste power plant after site death

Construction suspended for a week of investigations following fatality
5 days ago

Demolition starts on £135m Wigan Galleries scheme

Contractor BCEGI starts work on project to redevelop Wigan town centre
5 days ago

Amey CEO to step down following private equity buyout

Amanda Fisher to leave once business is transferred to new owners
5 days ago

New body set up to vet plant operator card schemes

Contractor trades bodies unite to tackle competency concerns over plant operator skills cards
5 days ago

Kier leads switch to hybrid battery generators

Battery units work alongside smaller generators cutting run times by nearly 60%
5 days ago

Plans in for first Leeds co-living scheme

Watkin Jones submits plan to convert old Direct Line HQ into 230 studio flats
5 days ago

Demolition worker crushed by excavator

Court hears 20-year-old woman was left with "life changing injuries"
6 days ago

Government pays £700m for 50% stake in Sizewell C

New body, Great British Nuclear, will be set up to develop pipeline of nuclear projects
6 days ago

Costain wins Heathrow Airport asset renewal deal

Firm takes early contractor involvement role in Terminal 2 baggage handling upgrade
6 days ago

Worker killed on £683m waste power plant site

Fatal collision involving heavy goods vehicle on giant north London site
7 days ago

HS2 JV shifts four Wembley Stadiums of earth in record time

EKFB team digs and hauls 15 million cu m of muck in 20 months
6 days ago

Contractor services