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Economic Outlook Roundtable: What Yorkshire’s Finance Leaders Are Saying About Growth, Hiring and the Road Ahead

Senior finance professionals from across Yorkshire recently joined Sharp Consultancy for an exclusive roundtable discussion featuring an economic update from Paul Mount, Economist and Deputy Agent at the Bank of England. The session provided a timely, in-depth look at the UK’s economic landscape — followed by a candid conversation about what businesses are experiencing on the ground.The picture that emerged was one of cautious realism. While official forecasts point to easing inflation and a gradual return to stability, many organisations across the region continue to navigate weak demand, rising labour costs, tightening legislation and stalled investment projects. Yet despite these pressures, there remains a strong sense of resilience and adaptability — qualities that have long defined the Yorkshire business community. At Sharp Consultancy, our specialist finance and accountancy teams speak daily to employers and professionals across commerce, industry, public practice and the not-for-profit sector. What we heard in this session closely aligns with the insight we gather from clients and candidates across the region. Below, we explore the key themes shaping business confidence, recruitment activity and the outlook for 2026. ​Inflation Is Easing, but Confidence Has Yet to Follow The Bank of England outlined its latest central forecast: Inflation expected to gradually return toward the 2% target. GDP growth set to remain modest but stable through 2026. Interest rates anticipated to settle around 3.5% based on market expectations. Unemployment projected to hold near 5%. However, the sentiment in the room was clear: despite improving headline numbers, confidence across most sectors remains fragile. Many organisations described the environment as “flat” — not contracting, but unable to capitalise fully on opportunities due to economic uncertainty. Sharp Consultancy continues to see this play out: businesses are stabilising rather than expanding, focusing on cash management, operational efficiency and carefully controlled hiring. ​Labour Costs Continue to Reshape Workforce Strategies Wage pressures were a recurring theme throughout the discussion. Employers highlighted: Significant increases to the National Living Wage. Higher employer National Insurance contributions. Expected future changes to minimum wage equalisation for younger workers. Rising cost and complexity associated with apprenticeships. These factors are pushing up costs at every level of the workforce and reshaping recruitment behaviours. Across Sharp Consultancy’s accountancy and finance divisions, we are seeing: Strong demand for replacement hires where roles are business critical. Lower volumes of growth hires, particularly in commercial and project-focused appointments. Clients increasingly prioritising candidates who bring breadth, adaptability and long-term value. ​Construction & Infrastructure: Capacity Under Pressure Leaders from the construction sector painted a challenging picture — one mirrored by many Sharp Consultancy clients operating across the wider built environment. Key themes included: Planning delays of 9–10 months, particularly related to the Building Safety Act. Businesses holding on to workforce capacity despite reduced margins — a strategy that may not be sustainable in 2026. Difficulty justifying new capital expenditure under IFRS when future cashflows are uncertain. Concerns that smaller subcontractors may not withstand prolonged delays or reduced demand.Yet, attendees also highlighted that construction could become a catalyst for economic recovery — provided policy reform and planning improvements unlock stalled projects. ​Manufacturing: Rising Costs and Shifting OperationsLeaders representing manufacturing shared concerns around: Rising energy and operational costs. Increased frequency of site closures and offshoring. Significant challenges in attracting engineering and technical talent. Early signs of contraction in several sub-sectors, with aerospace a notable exception. These pressures reinforce the growing importance of finance leaders who can model scenarios, manage volatility and guide long-term planning — roles Sharp Consultancy continues to support across the manufacturing landscape. ​Charity & Public Sector Organisations Facing Acute Strain For organisations reliant on local authority funding, the challenges are particularly stark. Attendees reported: Government and council funding caps. Rising NI, wage costs and VAT changes adding millions to annual budgets. Increasingly complex consultation requirements under forthcoming employment legislation. The likelihood of significant cuts to the frontline services in the months ahead.Sharp Consultancy’s continues to work closely with organisations navigating these pressures, supporting clients through restructuring, recruitment challenges and financial planning needs. ​​​Recruitment Outlook: Stability Over Expansion Across sectors, the message was consistent: 2026 is expected to be cautious, steady and focused on maintaining capability rather than expanding headcount. Attendees forecast: Workforce levels remaining broadly flat. Hiring driven by essential replacement roles. Transformation, M&A and large-scale project hiring likely to remain subdued. Improved recruitment confidence only once interest rates and policy direction stabilise. For employers, this means sharper competition for high-quality finance talent — an area where Sharp Consultancy’s specialist teams continue to provide targeted, market-led support. ​What Comes Next? A Slow but Steady Rebuild Despite the challenges discussed, the roundtable ended on a constructive note. Many leaders believe that once interest rates settle and stalled investment begins to move, the region could see a more meaningful upturn — potentially from 2026 onwards. Yorkshire businesses have proven time and again that they are resourceful, resilient and ready to adapt. Sharp Consultancy remains committed to supporting them through every stage — whether stabilising teams, recruiting future leaders, or navigating the next phase of growth. If you’d like to understand what these economic trends mean for your business or team, speak to our specialist consultants for a confidential market discussion. ​Contacts Us​

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How to Prove Your Value in the First 30 Days of an Interim Finance Role

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​As a specialist finance and accountancy recruitment company, we understand the importance of making a strong impression early in any interim assignment.

Colin Molyneux, one of our dedicated Interim Specialists, shares his insight:

For professional Finance Interims, making a strong and positive impact within the first 30 days of a new assignment is essential. While this may seem obvious, the ability to hit the ground running can vary depending on the nature of the role. In some assignments, showcasing your skills and delivering early wins comes naturally. In others, it requires a more strategic and deliberate approach.

In this article, Colin draws on his many years of experience to offer practical advice on how interim finance professionals can demonstrate their value within the first 30 days of an assignment.

Understand the assignment & business fully:

Firstly, we have to understand the reasons businesses bring interim finance resources into their teams. In broad terms, interim accountants are brought into a business to solve problems such as filling gaps during transition periods, crises, or major projects to stabilise financial operations, bridge staffing gaps, or lead strategic financial initiatives.

Usually, but not always, you will go through a selection process to land your assignment. It is within this process you should start building your picture and plan how you will best execute your first 30 days with this new Client.

Ensure as part of your due diligence, you fully know this business. Who are they, what do they do, who are their competitors, and what are their business goals in the short, medium and lon

g term.

Within the selection process, ensure you are asking key questions about their issues, why they are hiring, and what they see as the key deliverables of the role. What is the problem the interim needs to solve? What are the project outcomes you need to deliver? What barriers have they encountered to date?

Whichever way you decide to go about it, ensure you are entering a role that you have the skills & experience to deliver upon.

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DO NOT SET YOURSELF UP TO FAIL

Once you have been appointed:

Before you start the role, find out what tools you will have at your disposal.

What finance systems does the business use? Are they heavily reliant on other tech, such as Excel, Google docs etc. Are you proficient with these tools? If not, make time to jump onto online learning – it’s likely the client will have access to some training materials you can use to brush up your skills.

Remember, experienced Interims should have a supremely honed ability to get up to speed quickly, needing very little “hand holding” through out this period.

During your first few weeks, ensure you discover who the key stakeholders are and their expectations. What do they perceive as the key deliverables? Are they being unrealistic? Scrutinise and manage the expectations accordingly.

 

Identify quick wins, prioritise critical tasks:

In the first few weeks, you should be seeking out the quick wins. There will almost always be areas within your remit, where quick improvements can be made. Get on and execute them quickly and concisely.

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Remember, clients love the “fresh set of eyes” that you will bring to the team. Collaborate early on, and ensure you are making suggestions of improvement where appropriate to do so. This way you are making an impact early. You can’t make everything perfect over night, but you can move the needle on critical tasks.

Once you are established, it may be time for a deeper dive:

As well as executing the role you are there to deliver, you have an opportunity to look at the broader operational features, and again, using your experience, collaborate and identify key improvements. Seek out the processes that are clunky, seek out the bottle necks, where can efficiencies be made? Where can you improve the day-to-day operation for those around you?

Be Flexible Yet Focused:

Interim roles often shift in scope as new issues emerge. Being adaptable while staying focused on core priorities is critical. The best interims know how to pivot without losing momentum.

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Stay Professional, Not Political:

As a temporary outsider, it’s wise to avoid internal politics.

Build trust through action, not gossip. Let results speak for themselves.

Communicate Early and Often:

Frequent updates to leadership—formal or informal—build credibility. A quick weekly summary or check-in can prevent misunderstandings and demonstrate value consistently.

Bring a Fresh Perspective:

One of the interim accountant’s greatest strengths is perspective. They’re not burdened by internal politics or history. Use this vantage point to offer objective, constructive insights others may have missed.

 

In Conclusion:

The first 30 days of an interim accountant's assignment are a powerful window to drive immediate value and set the stage for long-term improvement. By blending fast learning with focused execution, building relationships, and communicating clearly, interim professionals can transform from a stopgap into a strategic asset.

In today’s business world, the ability to hit the ground running is more than just helpful—it’s essential. For an interim accountant, mastering the art of the first 30 days is the key to leaving a lasting impact, even in a temporary role.

 

Looking for your next interim finance assignment—or the right interim professional to strengthen your team?


At Sharp Consultancy, we specialise in connecting talented interim finance professionals with businesses across Yorkshire and the surrounding areas. Whether you're ready for your next challenge or need trusted interim support, speak to Colin Molyneux or one of our dedicated Interim Specialists today.


📞 Call us on 0113 236 6300 / 0114 261 1700 or 📧 email colinmolyneux@sharpconsultancy.com to start the conversation.