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London practices eyeing staff cuts as confidence falters

By 2023-07-20T11:49:00

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RIBA survey finds future staffing expectations plummeted last month amid interest rate worries

The number of practices in London eyeing staff cuts increased sharply last month as rising interest rates hit confidence, a RIBA report has found.

The institute’s Future Trends survey for June revealed the UK’s largest architecture market was the second least optimistic region in England and Wales for future permanent staffing levels.

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