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Insider UK
Insider UK
Peter A Walker

Scottish businesses call for support as sentiment turns negative

Business sentiment in Scotland has entered negative territory for the first time since the end of 2020.

This is according to the latest Addleshaw Goddard Scottish Business Monitor , produced with the University of Strathclyde's Fraser of Allander Institute, which showed that 70% of businesses expect growth in the Scottish economy to be weak or very weak over the coming year.

The report surveyed 450 firms in October from across the economy and showed that energy bills and staff remuneration are expected to be biggest cost drivers over the next two quarters.

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