Where Next?A New Economy

A new economy is needed that is not over-reliant on any one sector or region but which makes the most of Britain’s talents, skills and entrepreneurialism across the entire country; an economy which is outward-looking and helps its home-grown businesses expand abroad.

We want to kick-start a conversation and hear what is needed for you, your business and the UK to thrive.

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What Now?

The UK is at a moment of pivotal change. The fundamentals of international trade, technology and global politics are all transforming.

At BDO, we are optimists and believe the UK has the talent, ideas and entrepreneurial spirit to not only weather these changes but also to thrive.

Find out more

Download the report

To read more about BDO's vision for a new economy - and where your business fits in - download our report.

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Insights

Stay up-to-date with our latest thoughts and insights.

EU export growth slumps as Brexit stockpiling “hangover” sets in

Peter Hemington, Partner at BDO, looks at the latest results from our EU Export Growth Index which shows that export growth slumped considerably,...

VIDEO – Can mid-sized companies seize the opportunity?

Malcolm Thixton, Partner at BDO, comments on the strength of the Central South's mid-market and the need for further support to drive the region's...

Helping to solve the UK productivity puzzle through manufacturing digital transformation

Tom Lawton, National Head of Manufacturing at BDO, considers why investment is crucial to improve UK manufacturing’s productivity and the need for...

Britain’s economic engine boosts international growth of the UK

Paul Eagland, Managing Partner at BDO, celebrates the UK’s economic engine (mid-sized businesses) excelling both in terms of overseas and domestic...

VIDEO – Merging tradition with Innovation at Envisage

Listen to Tim Strafford, CEO of The Envisage Group, to find out why the Coventry and Warwickshire area attracted him to grow the business, commenting...

Is it time to change your mind about private equity?

Jamie Austin, Private Equity Partner at BDO, delves deeper into the performance of Private Equity-backed companies.

The UK’s economic engine is the driving force behind the economy

Paul Eagland, Managing Partner at BDO, looks at how mid-sized businesses with turnover between £10m-£300m (which we call the economic engine) have...

Why the UK needs a New Economy to compete with EU counterparts

Paul Eagland, Managing Partner at BDO, looks at why the UK needs a New Economy to compete with its EU counterparts.

AI in manufacturing: change brings opportunity

Tom Lawton, BDO Partner, looks at how manufacturers have a unique opportunity to utilise new technologies and ideas to add real value to their...

Solving the UK’s productivity puzzle: Annual Investment Allowance increase could provide the economy with a £27 billion boost

Tom Lawton, BDO Partner, discusses the latest Manufacturing Outlook results and the need for a 'new economy' to fuel the growth of the sector.

What do fast growing businesses want from the government?

Kevin Cook speaks to the top 100 in Surrey, Sussex and Kent

Black Country’s fast-growth businesses top £2.3bn in revenues

Nicola Cooper announces the top 50 fastest-growing businesses in the Black Country.

The Prime Minister’s #My100Days challenge: Meet the needs of UK business from Brexit

Jo Gilbey, BDO Partner, discusses what we expect from the Government in the last 100 days before Brexit.

Greater innovation and digitisation key to manufacturers productivity growth

Tom Lawton, BDO Partner, discusses the latest Manufacturing Outlook results and the need for a 'new economy' to fuel the growth of the sector.

VIDEO – From States to skates

Listen to CEO Mark Johansen-Berg of SkateHut talk about their growth story following an inspired trip to the States, and the qualities that owe to...

VIDEO – Steve Hewitt of Gymshark

Listen to CEO Steve Hewitt of fitness apparel brand Gymshark talk about their impressive growth story, capabilities of being international, the...

VIDEO – Kennard’s Artisan Chocolates

Andrew Kennard, owner and CEO of luxury vegan and kosher products Kennard's Artisan Chocolates, talks to us about how he was inspired to begin his...

Newable on exporting: time to boldly go

Chris Manson, Newable’s Chief Executive urges businesses to cut through the white noise and grab exporting opportunities with both hands.

UK real estate and construction businesses are not letting uncertainty dampen investment plans

The contribution of the real estate and construction sector to our economy is profound, so it is vital that the Government put in place policies that...

We need to boost growth at home for a stronger Brexit future

One year on since Article 50 was triggered, the business community has really been left in limbo while the Government continues its Brexit...

Urgent call for Brexit clarity as UK falls to the back of the EU pack

BDO partner Peter Hemington looks at the latest data on UK output and sees us falling to the back of the EU pack. We need an urgent call for Brexit...

Mid-Market manufacturer’s journey to 4IR

Mid-market manufacturers are in a good position to take advantage of technology and skills presented from the changes that 4IR is introducing.

The fight against fraud

BDO FraudTrack 2018: where are the regional hotspots for fraud this year, and what does that mean for the UK as a whole? Why are some sector groups,...

Behavioural challenge – HMRC research into SMEs and the Sharing Economy

Helen Adams in BDO's Tax Dispute Resolutions team, writes about how the Sharing Economy presents exciting opportunities for the UK government and...

The season to be jolly? Not for British retailers

Sophie Michael, Head of Retail at BDO, looks at the high street sales figures and sees UK retailers struggle to attract Christmas shoppers to the...

How leaving the EU could impact your most important asset: your people

Leaving the EU will impact businesses but also their most important asset; their people. They will need to ensure they communicate and reassure them.

A Happy New Year for British business?

BDO partner Peter Hemington looks at the latest data on UK output and British business confidence and sees some positive signs.

UK export growth outperforms EU counterparts

BDO partner Peter Hemington looks at the latest findings of the BDO European Export Index.

Focused regional infrastructure investment is key to driving manufacturing growth

Given the rapidly evolving national and global supply chains it is essential that the UK government invests in the building and development of an...

Newable: Financing growth in innovative firms

Chris Manson CEO of Newable argues the case for the Enterprise Investment Scheme (EIS).

German export growth overtakes UK

BDO partner Peter Hemington looks at the latest data on UK and EU exports and sees German growth leapfrog the UK. Despite UK export growth slowing it...

Time for radical thinking on tax

Following an article by Anita Monteith from the ICAEW in City AM, our tax partners response was printed in today’s paper. In it we agree with Anita...

100 days post-election: What’s the mood of British businesses?

It had not yet been a year since the EU referendum when Teresa May stepped outside Number 10 to make the surprise announcement that we were to go to...

Manufacturing Outlook: Focus needed on skills and education

Tom Lawton, Partner and Head, BDO Manufacturing looks at the findings from the annual Regional Manufacturing Outlook report - in partnership with the...

Recruitment of skills a key challenge for mid-sized Derbyshire firms

As we look forward and ask ourselves the question, how do we build a sustainable ‘new economy’ in a post-Brexit world, one thing that stands out...

Regional Manufacturing Outlook: Regions need a long-term, practical industrial strategy

Tom Lawton, Partner and Head, BDO Manufacturing looks at the findings from the annual Regional Manufacturing Outlook report - in partnership with the...

Manufacturing steers UK output back into growth

Peter Hemington, head of corporate finance at BDO, looks at the latest data on UK business trends. This month, the manufacturing sector is in the...

Newable: British business needs an action plan

Chris Manson CEO of Newable argues that the slowdown in the UK GDP growth announced last week underscores the case for Government support for...

Brexit and Business Valuations

One year on from the UK referendum, we take a look at Brexit's impact on the economy. What does it mean for company valuations?

Profit Track 100: Awarding the incredible growth of some of the UK’s mid-sized businesses

Stuart Lisle talks Profit Track 100 and the incredible growth of mid-sized, entrepreneurially spirited companies in 2017.

Drop in UK business output must ring alarm bells for policy makers

Peter Hemington, Head of Corporate Finance at BDO, looks at the growing gap between UK output and business optimism and calls for policymakers to do...

On the anniversary of the EU referendum, the message to Government is: don’t take UK business resilience for granted

Today marks the one year anniversary of the EU referendum. If a week is a long time in politics then it feels like we’ve lived several life times...

VIDEO – Stephen Welton of BGF on New Economy

Listen to Stephen Welton, CEO of BGF, talk about how they believe smaller and medium sized businesses are the power engines for the British economy

UK Manufacturers need long-term strategic support from the Government to secure growth

Manufacturing is a driving force of growth in the economy; contributing jobs, investment spending, cutting edge research, world class brands and...

As Brexit reality looms, fortune will favour the prepared

Stuart Lisle and Iain Lowson discuss the effect of the Brexit process on clients and their reactions to this all-consuming behemoth.

General Election: manifesto monitor 2017

The UK faces a general election on 8 June. We have produced a manifesto tracker of the key tax and business related pledges in the main General...

UK food and drink businesses going for growth despite Brexit uncertainty

Paul Davies, Head of Food and Drink at BDO, analyses the sentiment, challenges and changing macro landscape for UK companies operating in the food and...

Is Brexit providing motivation for US expansion?

Tony Spillett, Partner at BDO, looks at the challenges facing growth-hungry technology companies as they look to expand to the US and how the...

The growing gap between optimism and output

Peter Hemington, Head of Corporate Finance at BDO, looks at the growing gap between UK output and business optimism and calls for policymakers to do...

Late Easter Fails to ‘Egg-on’ UK’s High Street Sales

Sophie Michael, Head of Retail at BDO, looks at a tough set of high street sales figures for April even when factoring in a dismal prior-year baseline...

Business pragmatism trumps political uncertainty

BDO international liaison partner, Kim Hayward says that despite uncertainty being the ‘new normal’ now is still a great time for UK businesses to...

VIDEO – David Slater of London & Partners on New Economy

Listen to David Slater, Director of International Trade and Investment at London & Partners, describe their ambitions to help shape a new economy.

New Economy - David Slater London & Partners

The hotel industry continues to grow amid political and economic challenges

Resisting the effects of the Brexit referendum, British hotels proved resilient to the political and economic storms of 2016. The country has...

UK productivity crisis deepens

Peter Hemington, corporate finance partner at BDO, looks at the UK’s stubbornly low levels of productivity and what the Government needs to do to...

UK’s high street sales flat-line in March

Sophie Michael, Head of Retail at BDO, looks at March’s high street sales figures and sees retailers struggling to convert footfall into sales

Few better places embody the new economy than Coventry and Warwickshire

Coventry and Warwickshire’s fastest growing companies have boosted the local economy, increasing revenues by 17% to £11bn, according to the...

Coventry and Warwickshire Growth Barometer

Entrepreneurial mid-sized businesses are vital to the UK’s post-Article 50 success

Pick your analogy. Whether it’s the starting gun being fired or divorce proceedings being issued, Theresa May’s Article 50 letter will be sent...

VIDEO – Hamish Stevenson of Fast Track on New Economy

Fast Track's founder and CEO Hamish Stevenson talks about the ambitious entrepreneurs his company researches and their key priorities to succeed in a...

A stormy month for the UK’s high street

Sophie Michael, Head of Retail at BDO, looks at a difficult month for the high street and reflects on how the Budget might impact retailers.

Business Rates – time for change?

With one day to go until the Chancellor gives his Budget, Neil Stockham, retail tax partner at BDO, assesses what can be done to reform Business Rates...

Consumer spending alone cannot support a new economy

Peter Hemington, corporate finance partner at BDO, looks at why consumer spending cannot be relied upon for growth in 2017 and why the Chancellor must...

Can we create a manufacturing powerhouse to drive the New Economy?

Rapid developments in technology and regulation, the growth of populist politics, an uncertain relationship with the EU and opportunities for a whole...

VIDEO – BDO on the Brexit negotiations

Supporting the high street in the new economy

BDO partner Sophie Michael looks at the challenges facing the UK high street, where policy makers could help and what lies in store in the future.

Brexit and Trump have not dented UK business optimism

Corporate Finance Partner, Peter Hemington, discusses the impact of Brexit and Trump on this month’s economic figures and finds business confidence...

Business Trends January 2017 - business confidence

Bringing UK-produced malt to breads and beers enjoyed in households around the world

Founded shortly after the end of the First World War, Muntons is one of the largest producers of malt in the UK. Over the company’s 90-year history,...

VIDEO – Where Next? A New Economy

We are living in a time of unprecedented change. Brexit, emerging markets, technology and regulation are changing the fundamentals of the way we live...

Supporting the world’s largest infrastructure from Southampton to Baku

R&M Electrical Group is a Southampton-based supplier of electrical equipment, cable and services to the petrochemical, industrial, commercial and...

Britain’s only manufacturer of intraocular lenses leads in health tech globally

Rayner is the oldest manufacturer of intraocular lenses in the world. Founded as Reiner & Keeler’s opticians in 1910, in 1949 the company produced...

Talking about the UK economic engine

The UK’s mid-sized, high growth and entrepreneurial businesses are an essential and dynamic part of the UK economy. Just look at the data. Last year...

The right plans for the UK

The fundamentals of the UK economy are strong and pessimistic forecasts of an immediate recession following the Brexit vote have been proven very...

Give business tax certainty

Theresa May’s industrial strategy blueprint comes at a perfect time. Providing a focus for the immediate future just ahead of the uncertainty of...

New Economy