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Insider UK
Insider UK
Business
Lauren Gilmour & Peter A Walker

Most Scottish firms report no improvement in finances during first quarter

Most small and medium-sized businesses in Scotland say there has been no improvement to sales, cashflow or investment in the first quarter of 2023.

The latest Scottish Chambers of Commerce quarterly economic indicator showed some signs of increased confidence, although this came from a “very weak base”.

Many businesses are still struggling in the face of rising cost pressures and high inflation, as well as continuing to face challenges regarding access to the labour market.

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