News
September 02, 2025
North West businesses ‘beating their growth targets for 2025’ – but becoming less confident in the UK’s future
BDO Economic Engine research shows mid-sized firms are investing in their products and services
**North West Businesses Exceeding 2025 Growth Goals, But UK Outlook Dampens Enthusiasm**
Liverpool, UK – Businesses in the North West of England are defying expectations and significantly outperforming their projected growth targets for 2025, according to new research from BDO's Economic Engine. The findings paint a picture of remarkable resilience and ambition within the region's mid-sized firms, driven by strategic investments in their core offerings.
The BDO report highlights a surge in confidence among these companies, who are actively channeling resources into developing innovative products and enhancing their existing services. This proactive approach appears to be paying dividends, with many businesses surpassing the growth benchmarks they had previously set for the coming years. This positive trend suggests a vibrant and adaptable business landscape in the North West, capable of thriving despite broader economic uncertainties.
However, the research also reveals a growing sense of unease regarding the overall future of the UK economy. While North West businesses are demonstrably successful in navigating the current climate and exceeding their internal goals, their confidence in the national economic outlook is waning. This discrepancy points to a potential disconnect between the local business environment and the broader UK landscape.
The specific factors contributing to this diminished national confidence are not detailed in the initial findings, but potential concerns could include inflation, supply chain disruptions, and evolving government policies. The report suggests that while businesses in the North West are demonstrably capable of self-reliance and strategic growth, they are nonetheless susceptible to the wider macroeconomic conditions affecting the UK as a whole.
The BDO Economic Engine research underscores the importance of continued support for mid-sized businesses in the North West. These companies are clearly demonstrating their ability to drive economic growth and innovation, but their long-term success is contingent on a stable and supportive national environment. Further analysis of the report is expected to shed more light on the specific concerns of these businesses and identify potential policy interventions to bolster their confidence in the UK's future.
Liverpool, UK – Businesses in the North West of England are defying expectations and significantly outperforming their projected growth targets for 2025, according to new research from BDO's Economic Engine. The findings paint a picture of remarkable resilience and ambition within the region's mid-sized firms, driven by strategic investments in their core offerings.
The BDO report highlights a surge in confidence among these companies, who are actively channeling resources into developing innovative products and enhancing their existing services. This proactive approach appears to be paying dividends, with many businesses surpassing the growth benchmarks they had previously set for the coming years. This positive trend suggests a vibrant and adaptable business landscape in the North West, capable of thriving despite broader economic uncertainties.
However, the research also reveals a growing sense of unease regarding the overall future of the UK economy. While North West businesses are demonstrably successful in navigating the current climate and exceeding their internal goals, their confidence in the national economic outlook is waning. This discrepancy points to a potential disconnect between the local business environment and the broader UK landscape.
The specific factors contributing to this diminished national confidence are not detailed in the initial findings, but potential concerns could include inflation, supply chain disruptions, and evolving government policies. The report suggests that while businesses in the North West are demonstrably capable of self-reliance and strategic growth, they are nonetheless susceptible to the wider macroeconomic conditions affecting the UK as a whole.
The BDO Economic Engine research underscores the importance of continued support for mid-sized businesses in the North West. These companies are clearly demonstrating their ability to drive economic growth and innovation, but their long-term success is contingent on a stable and supportive national environment. Further analysis of the report is expected to shed more light on the specific concerns of these businesses and identify potential policy interventions to bolster their confidence in the UK's future.
Category:
Business