The Fees Bureau - Election Special

2010 Election Special	Page 3 of 4
A Labour win at the forthcoming General Election would be the best answer to the construction industry’s woes, according to a survey conducted amongst architects by The Fees Bureau.
ARCHITECTS' VIEWS ON PUBLIC SPENDING
Architects are split in what they want to see happen to public spending. Half, 51%, are calling for a decrease in spending. But 38% want no change and a significant minority, 28%, are seeking a rise in public spending. More young architects - 36% of those aged under 40 compared with 15% of the over 40’s - are calling for an increase in spending.
Over the lifetime of the next Parliament what should happen to the level of public spending?

ARCHITECTS' VIEWS ON TAXATION
About half of architects (46%) believe the general level of taxation should remain as it is now, 18% feel it should actually decline. 36% think taxation needs to rise. Rather more of the architects aged 55 and over are calling for a decrease in taxation than architects aged under 55.
Over the lifetime of the next Parliament what should happen to the level of taxation?

ARCHITECTS' VIEWS ON THE BUDGET DEFICIT
The survey also asked about the budget deficit. Architects were reminded that the gap between public spending and revenues is currently 12%. The Government has set out a timetable to reduce this deficit to 5% of GDP by 2015, but the EU recently suggested this should be reduced faster, to 3% of GDP by 2015. 37% of responding architects believe the government’s timetable for reducing the budget deficit is about right. But more - 48% - believe the EU timetable is the one to aim for. 11% of architects want the budget deficit to be reduced even faster than the EU’s suggestion; while 4% think the deficit should be reduced at a slower rate than the Government is planning. Women architects are keener for the budget deficit to be reduced than men: 77%of women agree with the EU timetable, or want a faster timetable; compared with 56% of men.
What do you think should be the timetable for reducing the UK budge deficit? (The budget deficit – the gap between public spending and revenues – is currently 12%)

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2010 Election Special