REGIONAL SNAPSHOT

The Central South, from Weymouth to Chichester and encompassing south Hampshire and Dorset plus the Isle of Wight, harbours a diverse business ecosystem. This broad economic base sustains a relatively affluent population that could help the region bounce back in the new reality. Even the region’s prominent leisure and hospitality sector could be less affected than others around the country since it serves a predominantly domestic customer base that has seen foreign travel curtailed.

BDO RESEARCH HIGHLIGHTS

Our latest Rethinking the Economy survey, found that the number of mid-sized businesses in the Central South who feel that now is the right time to invest has increased slightly from 40% in May to 46% in July but still down from nearly 80% in March.

While 67% of mid-sized firms plan to grow their workforce in the next 3-6 months, compared to what it waspre-pandemic.70% of respondents are struggling to fill open roles.

All businesses said they were concerned about the potential impact of inflation, with 27% flagging the need to increase prices and 23% of respondents said they would need to delay growth plans until prices became steadier.

It’s clear that despite entering the final and ‘irreversible’ stage of the Government’s roadmap out of lockdown, the regional economic landscape remains both testing and complex as businesses attempt to navigate the next few months.

Read more on the latest findings in our latest blog .

Insights

Rethinking the region post Brexit: The ongoing impact in Central South

August 2021
In the past 18 months the Central South has demonstrated remarkable resilience in the face of many challenges. In our most recent Rethinking the Economy research.

How is the region fairing?

Where will we be working in the Central South?

June 2021
More than a third of Central South businesses (37%) plan to create permanent remote roles, as companies make a major shift towards new ways of working.

What will the future hold for agile working?

Is a ‘super deduction’ the boost your business needs? - a view from the Central South

May 2021
The answer appears to be a resounding yes from the 73% of Central South respondents to our recent survey.

What is this 'super deduction'?

Government incentives invigorate investment intentions in Central South

April 2021
Extended support measures, tax initiatives to reinvigorate investment, incentives to trigger growth - there was plenty for the region to digest in the Chancellor’s Spring Budget.

Budget Review

BDO stalwart retires with some sound advice

Senior partner Kim Hayward offers his opinions on why local business leaders should do more to influence regional government decision making, the value of networking, & supporting entrepreneurial businesses.

Read more

Podcast: PE in the wake of COVID-19

Jason Deign talks to Jonathan Caswell at LDC and Ben Knowles at BDO, on COVID-19’s impact on the regional private equity scene.

Listen to the podcast

 

The Central South Private Equity Perspective

The implementation of relief measures and changes in valuations means now is an excellent time for private equity-backed businesses to be looking at incentive plans.

Private Equity

Can Central South businesses see a bright future for international trade?

February 2021
Rewind four months and 80% of Central South business leaders told us that a no-deal Brexit posed a bigger threat than a domestic second wave of COVID-19.

Future of International Trade

Mid Market Finance Director of the Year announced

Find out who has been named as the Central South Mid Market FD of the Year 2020.

Top FD of 2020

Finance Function of the Future

Helping you maximise productivity from your finance function.

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BDO 7p model

Realise your business potential.

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Explore our Central South Insight archive

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