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Business confidence in Scotland at highest level since pandemic began

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.

Scottish businesses pump more time and money into raising environmental game despite Covid woes

Submitting. Getting on for a third said they have invested in energy efficient equipment or machinery (28 per cent) or made alterations to their premises to make them more energy efficient (27 per cent). Meanwhile, 20 per cent have used suppliers that source environmentally friendly products and services, while a similar proportion introduced policies and incentives to help employees cut their carbon footprint. Fraser Sime, regional director for Scotland at Bank of Scotland: “Scottish business have experienced major disruption this year because of Covid-19, so it’s encouraging to see so many that are still focused on improving their environmental credentials. “Environmental sustainability will play a huge part in the success of Covid-19 recovery strategies, both in Scotland and across the UK.”

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