But FMB says greater chance of soft Brexit鈥� is 鈥榮ilver lining鈥� from poll

Small builders have warned the government that construction is particularly vulnerable to any confidence dip resulting from the indecisive result of the general election.

Brian Berry, chief executive of the Federation of Master Builders, urged the government to take steps to minimise uncertainty resulting from yesterday鈥檚 poll.

He said: 鈥淭he surprise general election result has left key business sectors nervous with no one political party securing enough seats to form a majority government. The construction sector is particularly vulnerable to dips in consumer confidence brought about by political uncertainty and therefore it鈥檚 crucial that this uncertainty is minimised.鈥�

But he said the longer-term 鈥榮ilver lining鈥� for the industry could be the diminished prospect of a 鈥榟ard Brexit鈥�.

鈥淭heresa May stood on a hard Brexit platform and she has clearly not been given a mandate to approach the negotiations in this way.

鈥淏rexit is inevitable but the election result will surely have a significant impact on the shape of the Brexit deal we end up with.

鈥淭his could be a positive for business leaders who are concerned about a broad range of issues 鈥� for the construction sector, our greatest concern is that the flow of migrant workers might be reduced too quickly and before we are able to put in place a framework for training sufficient UK workers to replace.鈥�

 

 

 

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