A survey produced by the Scottish Chambers network and the Fraser of Allander Institute, suggests further evidence of confidence in the Scottish economy. The key points were:
- Only 15% of firms across the sample reported declining optimism, suggesting resilient business confidence.
- 48% of firms reporting increased overall revenue, with only 18% reporting a decrease.
- 89% of firms have increased or maintained levels of investment relative to the previous quarter.
- Recruitment difficulties rising across sectors, in addition to the proportion of businesses seeking to increase wages.
As a lifetime wage-earner, I see the last one as good news.
https://www.insider.co.uk/news/scottish-business-resilient-recruitment-challenges-12942461
As always, here are the previous optimistic reports leading to this one today:
Scottish small businesses still more confident than those in non-Scottish parts
Business activity soars to four-year high across manufacturing and service
Business confidence in Scotland soars by 24% while it sinks 29% in non-Scottish parts of UK
Scottish Government supports economy with new business rates unique in UK
Scottish business confidence higher than in any other region of UK
Douglas Fraser will be saving these up for one big cheery special.
Reblogged this on seachranaidhe1.
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