Brexit

Construction industry suppliers are prepared for Brexit: MRA

  • 14 May 2019

As part of a larger survey which included merchants and other construction industry stakeholders, MRA Research, the specialist research division of MRA Marketing, asked building and home improvement product suppliers what they thought the impact of Brexit would be on the UK, the building industry and the company they worked for.

Like voters and MPs, industry suppliers are split in their expectations for Brexit. Almost half of the suppliers interviewed (49%) think Brexit will be either bad or very bad for the UK as a country, while 27% think the effect on the UK will be good or very good.

Nearly one in five (18%) think it will have no impact. Many respondents commented separately that, although there may be a slight dip in the short term as a result of leaving, they thought there would be less of a negative impact in the longer term.

MRA

Reviewing the potential impact on the building industry, 18% of suppliers surveyed said Brexit would be good or very good for the building industry, compared to 45% who thought it would be bad or very bad. Twenty eight percent thought it wouldn’t make much difference either way.

Interestingly, suppliers felt less strongly about the potential impact on their own company than they did about the effect on the UK. Eighteen percent expect the company they work for to be better off as a result of Brexit, compared to 27% expecting the same for the country.

Respondents were also asked about changes they expected to see as a result of Brexit in sales, prices, stock levels and other issues in the next 12 months.

MRA

Mike Rigby, who started MRA Research over 25 years ago, commented: “Although 49% of suppliers expect their company to be worse off in the short term because of a dip in confidence due to Brexit-related uncertainty, and despite concerns around the supply chain and international trade, most suppliers have made contingency plans, feel well prepared for any negative effects Brexit might bring and have a positive outlook in the longer term.”

MRA Research focuses on market and customer insight in the building materials and construction markets.

The full report, which includes views from merchants and others in the industry, as well as supplier expert comments, can be downloaded via www.mra-research.co.uk/brexit or by contacting Anna Eriksson on 01453 521621 or emailing [email protected] for a copy.

Visit MRA Marketing's website

 

MRA Marketing
18 Market Street
Wotton-under-Edge
Gloucestershire GL12 7AE

t: 01453 521 621
f: 01453 521 681
e: [email protected]

Leave a Reply

Latest news

Futurebuild

Futurebuild 2020: Be the catalyst for change

Futurebuild says we must all come together to take action against the environmental challenges we are facing, urging that, without collaboration, we will fail.

Posted in Articles, Building Associations & Institutes, Building Industry Events, Building Industry News, Exhibitions and Conferences, Innovations & New Products, news, Posts, Seminars, Sustainability & Energy Efficiency

GAI
Freefoam

Rembrand Timber: Freefoam’s excellent advice and support helps us grow

Rembrand Timber has said its sales of PVC roofline have shot up rapidly, courtesy of Freefoam Building Products.

Posted in Articles, Building Industry News, Building Products & Structures, Building Systems, Drainage, Guttering, Soffits & Fascias, Posts, Roofs, Timber Buildings and Timber Products

Washroom Washroom

Washroom Washroom achieves highest ever turnover in 2019

Last year, Washroom Washroom enjoyed a fruitful year of growth, its eighteenth in a row, achieving its biggest single year-on-year increase in turnover – up 30.5% on 2018’s previous record. 

Posted in Articles, Bathrooms, Bedrooms & Washrooms, Building Industry News, Interiors, Posts, Restoration & Refurbishment, Retrofit & Renovation