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COVID-19 exposes pre-existing financial weaknesses but could be catalyst for reform
MID-SIZED BUSINESSES FACING JOB CUTS POST-FURLOUGH 60% of the UK’s medium-sized companies plan to make redundancies once the Coronavirus Job Retention Scheme ends in October.97% of medium-sized businesses have already made redundancies with just over half (54%) cutting between 11% and 20% of...
Catherine Grum joins BDO from KPMG to lead Family Office Services.
Discounting in final week curtails declining sales but recovery remains sluggish and uneven with further uncertainty forecast.
- Impact of coronavirus on the UK manufacturing sector drags down overall increase in business output - - Employment Index falls for a fifth consecutive month, but worse could be yet to come -
Six consecutive months of negative like-for-like sales underscores significant long-term challenges facing retailers.
While the number of private equity (PE) investments in the UK fell in the first half of this year amid COVID uncertainty, US and international PE firms grew their share of the market as UK-based PE houses pulled back, new analysis by accountancy and business advisory firm BDO has found.
BDO LLP Business Restructuring partners, Graham Newton and Ryan Grant, were appointed Joint Administrators of Dave Whelan Sports Limited (‘DW Sports’) on 3 August 2020.
UK’s medium-sized companies have borrowed an average of £21 million in COVID-19 loansEvidence of resilience as nearly a third of medium-sized companies report either unaffected or increased revenues despite COVID-19, although costs loom largeDownload Rethinking the Economy Survey