Scottish small and medium-sized enterprises (SMEs) have reported revenues rising by 11.4% on average in the second quarter year-on-year, with 54% expecting turnovers to increase further by the end of the third quarter.
The latest Barclays SME Barometer also showed that while 77% fear the impact of recession, 78% are neutral or optimistic about their own business’ prospects.
The report takes in data from the billions of merchant transactions processed by Barclaycard Payments, combined with a quarterly YouGov survey of 577 SME leaders - including 56 businesses polled in Scotland.
