Business confidence in Scotland bounces back!

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Ludo Thierry

Encouraging to see that the massive electoral victory by SNP/YES in the December Westminster election (82% of constituencies won) continues to give confidence to Scottish Business that the economy damaging antics of Johnson’s tories (threatening to “F— business”) can be challenged and contested by an engaged electorate. Link and snippets below (even beeb Scotland can’t, completely, ignore this SNP gooooooooood!!!!! story):

Business confidence in Scotland bounced back last month, according to a survey.

Bank of Scotland’s latest business barometer rose by 19 points to a net balance of 15%, with firms reporting more confidence in their prospects as well as higher economic optimism.

This was reflected in businesses’ hiring intentions, with a net 5% of firms expecting to hire more staff during the next year.

Across the UK, overall confidence was unchanged on 23%.

The survey was conducted with 1,200 companies, including 84 businesses in Scotland.

Fraser Sime, regional director at Bank of Scotland Commercial Banking, said: “This increase in confidence shows great resilience from Scottish businesses.

“However, companies are likely to act with an element of caution throughout 2020 as some political and economic uncertainty remains.”

One thought on “Business confidence in Scotland bounces back!

  1. Fraser Sime seems rather naive to be the regional director at Bank of Scotland Commercial Banking. I am approaching 70 years of age and I have never known a time when there wasn’t “some political and economic uncertainty”.

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