July 06 2016 Geen categorie
The CPA was due to have its Construction Industry Forecasting Panel on 19 July, with publication of the summer edition on 15 August. We now believe this will be too early to take into account the full impacts of the referendum results and, as a consequence, CPA has decided to instead produce a guide for companies which will cover the following;
1. Use the CBI/PwC macroeconomic scenarios to model what the possible outcomes for the different construction sectors could be. We will utilise the type of fan charts used by the Bank of England that highlight the upper and lower bounds, reflecting the uncertainty around the scenarios.
2. List the key assumptions for each scenario and major risks to each sector.
3. Look at developing a model which our member companies can use to input their own assumptions and customise for their major markets.
4. Provide an outline of short and medium term policy and taxation measures that will enhance or undermine the growth of the sector.
We anticipate that we will publish this work on our website (rather than in hard copy) in September, when there should be less political uncertainty.