Scotland’s small business confidence fell again in the final quarter of 2022, according to the latest figures from the Federation of Small Businesses (FSB).
Its Small Business Index now sits at -50 points for Scotland, down on the -45 reported the previous quarter. It is also significantly lower than the same quarter in 2021 (-22).
The equivalent UK-wide confidence figure is -45.8, which is also down on the previous quarter (-35.9), but 4.1 points ahead of Scotland.