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Regional insights

The view from the South West mid-market

Every two months, we ask business leaders across the country to share their expectations and priorities for the future. We want to track how sentiment is changing in the market and get insight on timely issues: from tax to ESG.

Read the latest views from business leaders in the South West.

What’s changed since August 2021?

  • Business revenue optimism reduces by 16%, compared to 12% nationally
  • Profit expectations fall by 38%, compared to 18% nationally
  • 80% of leaders remain optimistic on their funding position

120x120-jonathan-riley.pngJonathan Riley, Practice Leader, South West and Wales commented:

"We are enduring a tough period where the panic buying of fuel, food and even Christmas toys has become part of our national dialogue, along with concerns about the rising costs of energy and consumer goods. Business confidence is clearly fragile, as they continue to try to recover from the pandemic but face an accumulation of challenges."

"Despite the drop in business revenue optimism and profit expectations in our latest survey of South West mid-market businesses, it’s reassuring to see that 80% of leaders remain optimistic about their funding position."

What are the profit expectations of business leaders?

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"Businesses will need to continue to draw on the agility and resilience they have already demonstrated so well over the past 18 months to safeguard their business through the winter and into 2022."

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