BDO’s Yorkshire and North East team, based in Leeds, has served Britain’s economic engine for over 15 years. We offer a diverse breadth of services across the region and a number of our national sector specialists, including the national BDO head of food and drink and head of transport, logistics and supply chain management, sit in our region.

REGIONAL SNAPSHOT

Business leaders in Yorkshire and the North East remain bullish, and with good reason: the region has a diverse mid-market ecosystem that was growing fast before the coronavirus pandemic.

In the new reality, it is likely some sectors, such as manufacturing and retail, will have to react and build resilience before realising future benefits. But there are also many sectors, from food and drink to FMCG that could be naturally resistant to the shocks of Brexit and the Covid-19 pandemic.

BDO RESEARCH HIGHLIGHTS

Yorkshire business leaders fear rising energy prices and fuel price increases will impact their end of year trading.

According to our latest Rethinking the Economy data, 40% of businesses in the region are planning to increase the prices of their goods and services as a result. Almost a third reported that ongoing COVID-19 restrictions may impact their ability to offer their usual range of goods or services.

Despite these pressures, nearly two thirds of companies in the region expect to see their revenues return to pre-pandemic levels within 12 months. However, one in five businesses shared concerns that Government-imposed environmental and sustainability targets could impact their business over the next 12 months.

The data also showed companies in the region are already taking this into their own hands with 90% of Yorkshire companies surveyed having strengthened or set new sustainability targets following the UK's presidency of COP26.

Latest Insights

Investment is key to achieving growth targets in 2022

December 2021
The message has been clear from Yorkshire businesses throughout the pandemic: we’re still open for business and we want to grow.

Looking ahead

Are you prepared for the Plastic Packaging Tax?

October 2021
One significant development on the horizon in the UK is the introduction of the Plastic Packaging Tax (PPT) which will come into force in April 2022.

Are you prepared?

National Minimum Wage - what should your latest considerations be?

October 2021
Key reminders for employers to consider following recent changes in NMW legislation.

what should you consider?

Yorkshire businesses seek private equity funding in growth push

October 2021
Nearly a quarter of Yorkshire businesses are looking for private equity investment, in a bid to achieve post-pandemic growth.

Find out more

 

 

Supply and demand in disrupted marketplace

October 2021
Our latest survey has highlighted those precise issues, with stock shortages and supply chain problems piling increasing pressure on Yorkshire businesses.

How can you respond to challenges more effectively?

The impact of the NIC Increase for Northern business

September 2021
On Tuesday 7 September 2021, the Government announced that from April 2022 NIC will go up by 1.25% with the introduction of the ‘Health and Social Care Levy’.

How will this impact northern businesses?

Employee engagement lies at the centre of regional recovery

June 2021
Businesses across Yorkshire are gearing up for new ways of working in a bid to recover from the effects of the global pandemic.

Discover more

Regional investment opportunities following Freeport announcement

August 2021
Yorkshire & Humber businesses rethink investment plans in light of Freeport announcement.

Find out more

Yorkshire & North East Latest videos

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

Watch our latest videos

 

Podcast series - Yorkshire & North East

We share our thinking on a range of current issues and future changes affecting businesses in the region.

Listen here

 

Explore our Yorkshire and North East Insight archive

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