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Optimism growing among Scottish businesses | Press and Journal

© Supplied by Fraser of Allander I Fraser of Allander Institute director, Mairi Spowage. Sign up for our daily newsletter featuring the top stories from The Press and Journal. Thank you for signing up to The Press and Journal newsletter. Something went wrong - please try again later. Sign Up Business sentiment in Scotland is improving as Covid-19 restrictions start to ease and the wider economy re-opens, according to the results of a survey published today. Compared to the last quarter of 2020, firms are more optimistic about their volumes of trade over the next six months, with employment also expected to increase, the latest Addleshaw Goddard Business Monitor found.

Firms more optimistic about next six months, report finds

Firms more optimistic about next six months, report finds 28/04/2021, 12:05 pm The accommodation and hospitality sectors had the lowest sentiment of all sectors in the report (Andrew Milligan/PA) A majority of Scottish firms are feeling more optimistic about their expected volume of business over the next six months, according to a new survey. The latest Addleshaw Goddard Business Monitor report – produced in partnership with the University of Strathclyde’s Fraser of Allander Institute – suggests sentiment has improved since the last quarter of 2020 despite challenges posed by the coronavirus pandemic and trade lost due to Brexit. More than 500 Scottish firms responded to the survey, and 89% said they are confident their chance of survival over the next six months is somewhat or very likely – up from 79% in the previous survey – with 25% expecting a positive year, compared to 8% in the previous quarter.

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