Business confidence in Scotland is now firmly in negative territory amid difficult economic conditions and recent political turmoil, a survey of chartered accountants has found.
Sentiment tracked by ICAEW’s Business Confidence Monitor during the fourth quarter revealed confidence at -16 in Scotland, having fallen over the past five quarters. Nationally, confidence stands at -16.9 on the index.
A total of 51 Scottish chartered accountants responded to the survey between 25 July and 14 October.
