Scottish business confidence fell by -3% to continue a downward trend during 2022, but there are signs of optimism for company profits and recruitment, according to the latest Accenture and S&P report.
At +14%, the net balance of manufacturing and service sector firms in Scotland expecting activity to increase over the next 12 months was lower than the UK average of +18%, but still ahead of the European average (+4%).
October’s results for Scotland compared with net balances of +17% in June and +34% in February.
