BDO is a leading accountancy firm in Scotland, with offices in Glasgow and Edinburgh. We advise clients including local owner-managed businesses, mid-to-large-sized private and listed groups, individuals, public sector organisations, pension schemes, trustees and not-for-profit entities.


Our Rethinking the Economy survey data has shown us that the continued restrictions have had major implications for the wider Scottish economy.  History tells us that the rate of recovery of mid-sized businesses will play an important role in Scotland’s overall economic recovery.


Mid-tier businesses in Scotland are still focussed on investment and recruitment to spearhead their recovery, according to our latest survey data. 58% say they already receive private equity investment, which has come since the onset of the pandemic, with a further 32% saying they are actively seeking an investor.

38% of those surveyed said they plan on upskilling existing members of staff in order to help them do different roles going forward. This might be due to the fact that recruitment seems difficult as we head out of COVID-19 restrictions. 54% of businesses told us they are struggling to fill open vacancies.

On the topic of Brexit, 51% of business say that the new UK-EU trade deal has increased costs which they have had to pass onto customers. 32% of them are looking to adapt their business as a result of this as an immediate priority.

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Latest Insights

Scottish businesses plan investment and recruitment to aid recovery

April 2021
Medium-sized businesses in Scotland feeling a little more optimistic about the recovery of the local economy.

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Medium-sized businesses struggle as lockdown restrictions continue

February 2021

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Scottish medium-sized businesses predict sharp recovery once vaccine rolls out

December 2020

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Are you ready for 2021?

Upcoming changes in VAT and other indirect taxes.

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Medium-sized businesses believe the regional economic gap has widened

November 2020
How can the country 'level up'?

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BDO 7p model

Realise your business potential.

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Rethinking the Finance Function of the Future

Helping you maximise productivity from your finance function.

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