Centrally located in the South East, BDO’s Gatwick and Guildford offices champion entrepreneurial businesses across the region. Our large, locally based team specialise in driving growth for businesses and entrepreneurs which contribute to the South East and wider UK economy.

REGIONAL SNAPSHOT

The picture across the South East is mixed, reflecting the diverse nature of the business community. There’s no hiding the damage that COVID-19 has inflicted on Gatwick airport, the surrounding area, and the aviation and tourism industries generally.

Many companies are adapting to manufacturing new products in response to the crisis and certain sectors, like Pharmaceuticals and technology have been resilient in the face of the economic impact.

The region is home to a number of businesses providing sustainable services, renewable energy and low carbon innovation and the current climate will clearly accelerate the opportunity it presents for a ‘green recovery’.

BDO RESEARCH HIGHLIGHTS

Analysis of our latest Rethinking the Economy survey reveals a sharp rise in business confidence. 94% of business leaders in the South East think now is the right time to invest, up from 56% in May, and a higher percentage (39%) than in the rest of the country think it will take between 3 – 6 months to return to Pre-Covid revenues now the strictest restrictions have been lifted.

The findings paint the most positive picture for the regional economy since our research began in September last year and show businesses are gearing up for growth. 96% expect their workforce to grow above what it was pre-pandemic and almost half of these (44%) anticipate this growth will come from merging with, or acquiring another business.

Recruitment remains one of the biggest barriers to growth. With89% of businesses either struggling to fill posts, or unable to find people with appropriate skills, over a third (36%) plan to use the Government’s kick-start scheme to look for future talent - this is higher than any other region. Almost half (47%) have implemented incentives, such as pay rises, or bonuses to staff, to retain talent.

For more insights read our latest press release.

Latest Insights

Staff shortages and investor confidence threaten the growth of South East businesses

August 2021
Staff shortages may curb the growth of South East businesses, as mid-sized companies struggle to fill roles as a result of the pandemic.

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Make UK/BDO annual survey highlights vital importance of industry to South East as sector recovers from Covid

July 2021
Our latest report with Make UK shows that manufacturing remains vital to the success of the South East economy.

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Post-Brexit Customs Duties

July 2021
HMRC clamps down on non-compliance.

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South East businesses plan major shift towards new ways of working

June 2021
As offices prepare to reopen, business leaders in the region are making, or planning to make, significant changes to the working environment.

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South East mid-sized businesses plan investment and hiring drive to spearhead recovery

April 2021
South East businesses are looking ahead to a period of investment and recruitment over the next six months.

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South East manufacturers see mixed picture at start of year

March 2021
South East manufacturers are seeing a mixed picture in the first quarter of the year.

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South East businesses are ready to invest and urge Government to do the same

February 2021
70% of South East businesses feel now is the right time to invest in their business.

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South East Latest videos

Our local BDO contacts delve into some of the key issues and trends in the South East.

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South East businesses optimistic of recovery

December 2020
Medium-sized businesses in the South East are confident of a strong recovery once COVID-19 vaccines roll out, according to new data.

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Businesses will need additional support to survive second wave

November 2020

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BDO 7p model

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Rethinking the Finance Function of the Future

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Are you ready for 2021?

Upcoming changes in VAT and other indirect taxes.

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