When is the Right Time to Moves Jobs | Sharp

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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Starting to search for a new role is one of the biggest decisions you will make. For some, it may be very clear that the time has come to move on but for many, there could be a number of different factors to take into account before polishing up your CV and searching for that dream next move.

It can often take time to reach the conclusion that a new role is what you need – some people take between 12 months and two years before taking the steps to make the change. Whilst it may be good to take time to think through your options and not take drastic measures to having had a bad day at the office, it is also beneficial to consider if there is something which is holding you back and making you stay in a job you no longer enjoy such as opportunity for progression.

Have you got your feet well and truly under the table?

Your current role may be well within your comfort zone, you know what you are doing and you are getting paid a good salary. But it may no longer offer you any sort of challenge and as a result your heart just isn’t quite in it anymore. You are comfortable – but whilst it may seem like the easy option just to carry on, long-term you could find that you become increasingly dissatisfied with your position, your confidence will decrease and that dream role you have always wanted gets further and further out of reach.

What if you make the wrong decision?

This can be particularly tricky, especially if you are not majorly unhappy in your current role but you know that to take the next step in your career a change will be necessary. It’s worth having a chat to a specialist recruiter who can work with you to understand what you want to achieve in the longer term and can help map out the steps that will help you to achieve your goals.

Do you think that you would be letting your boss or colleagues down?

Loyalty is an important quality and one which is highly valued by employers and employees alike. Your boss may have given you a great opportunity or supported you in the past however if when you look ahead you cannot see that there is anywhere else for your to go, it could be time for you to look elsewhere. It is always difficult to leave behind your team members – particularly if you have worked with them for a long time and consider many of them to be friends. You might also feel guilty that your departure could be unsettling or add to the workloads of others but remember, nobody is irreplaceable and by leaving you may open up new opportunities for others.

Could you be jumping out of the frying pan into the fire?

What if my next job is no better than the one I’ve got? It is always beneficial to look at what you don’t like about your current position and try to separate aspects of the role itself with what you feel about the company and the people you work with. You might find that you enjoy the work that you are doing but a different organisation would be a better fit for you culturally; alternatively there could be elements of your current job where you would like to develop more in-depth knowledge and you should look to seek out opportunities within specialist areas.

Do you have time to look for a new job?

Searching for a new role can be extremely time consuming and potentially difficult to find opportunities to attend interviews around your current employment. Research which recruitment experts specialise in your sectors – they will work hard on your behalf and prove to be a useful conduit between yourself and potential employers.

What if you are rejected?

Are you put off applying for a new position just in case you don’t get it? It’s only natural to not want to experience rejection but instead of letting that hold you back, make sure you do your research into what the role involves and prepare careful responses to demonstrate your knowledge and experience. Put yourself in a practice interview situation to hone your skills – particularly if it has been a while since you applied for a position – and bear in mind that interviews are a two-way process so it is as much about you finding out if the opportunity and the company is right for you.

It is worth arranging an informal appointment with an experienced recruitment consultant who will be able to discuss with you the range of opportunities available and offer you confidential career advice which can help you come to the right decision.

Sharp Consultancy specialises in the recruitment of temporary, interim and permanent finance and accountancy professionals. With offices in Leeds and Sheffield our highly experienced team of consultants recruit for positions throughout Yorkshire and beyond. CONTACT US today to find out more.

WHEN IS THE RIGHT TIME TO MAKE THE MOVE?