A year dominated by the historic referendum on the UK’s membership of the European Union, 2016 has been a year of mixed fortunes for the construction industry. In this NBS review of the year we look at some of the key headlines from the year gone by and look forward to 2017. The Brexit decision and American election result have loomed large this year and those looking for respite in 2017 may be hard pressed to find it.
The UK government’s plan to trigger Article 50 by March and the prospect of elections in Germany and France means we must continue to expect the unexpected. Meanwhile, our financial markets and political systems are playing catch-up, adjusting to new realities that seem to be unfolding at rapid pace. If evidence were needed as to the speed of change, remember that this was the year that saw David Cameron resign, just over a year after securing a Conservative majority that confounded the pollsters, wounded by a wave of anti-establishment populism that would see Donald Trump become US president elect and in recent days the resignation of Italian prime minister Matteo Renzi. Read More