Regional Trends Report May 2020 – The South
APSCo and Vacancysoft
Following a tumultuous 2019, in which political volatility over Brexit limited investment in the UK – the Coronavirus has brought further damage to the UK economy. The impact of this has been significant, causing entire industries to shut down, and forcing others to pivot in order to survive.
This has led to an overall 33.9% drop in vacancies across southern England. Areas hit hardest include real estate & construction, manufacturing and retail.
When looking at the south of England specifically, in Southampton, where the local economy is heavily dependent on vehicle manufacturing and sales – the impact of COVID-19 has been extreme.
To find out more about the latest trends in the South, download the report now!