Business confidence fell in Scotland in December but remained in positive territory as firms look to invest in the year ahead, the latest Business Barometer from Bank of Scotland Commercial Banking has revealed.
The latest survey showed overall business confidence in the country fell nine points over the month to 15%. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down five points at 25%, while their overall optimism about the economy also fell 10 points to 6%.
The barometer sees 1,200 businesses polled monthly to provide early signals about Scottish and UK economic trends. Overall UK business confidence rose seven points during the last month to 17%, with eight out of 11 nations and regions reporting a higher reading than November.
