Confidence among Scottish business has dropped to the lowest level in the UK, a survey found.
The Institute of Chartered Accountants in England and Wales (ICAEW) report, released on Thursday, interviewed 55 chartered accountants in Scotland to assess the level of confidence of improving economic returns in the next 12 months.
On a scale between 100 and minus 100, Scotland’s confidence was found to be 16.3 for the first quarter of 2022, as a result of the interviews, down from 42.2 in the previous quarter.
