Business confidence in Scotland at highest level since pandemic began
(Andrew Milligan/PA)
Confidence among businesses in Scotland is at its highest level in more than a year, a financial report suggests.
Firms reported greater levels of belief in their own prospects and a smaller proportion of companies expect to make staff redundant in the next year compared to the previous month, the Bank of Scotland’s Business Barometer for April indicates.
The upturn comes as hospitality and retail begin to reopen, with Scotland’s business confidence rating rising 11 points in April to 9%, the first net positive reading since February last year.