The earliest rumblings of Brexit’s impact on the water market are being felt by the UK supply chain
The result of the EU referendum has triggered a degree of uncertainty unknown in the UK water sector since the privatisation of utilities in England and Wales over 25 years ago. It is natural, when there is uncertainty, for people to wait before they take major decisions, which we have already seen emerging in the construction sector. The products we supply are a fairly substantial purchase, so caution about investment is to be expected. It may be too early to determine the long-term trend, but reflecting the national picture, we have already seen a bit of bounce-back from the immediate post-referendum slowdown.