Business confidence in Scotland rises to become highest in UK

  • 📰 SunScotNational
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Business News News

SINCE John Swinney became First Minister business confidence in Scotland has risen to become joint highest in the UK, according to a monthly poll.

The regular business barometer from the Bank of Scotland found that optimism about the business sector in Scotland had increased by 15 percentage points in May.

Confidence in trading also saw an increase of 16 percentage points to 60% and more firms said they intended to hire additional staff within the next 12 months.It comes after Swinney and Deputy First Minister Kate Forbes made clear their commitment to boosting economic growth in Scotland. “For me, and for my Government, eradicating child poverty and boosting economic growth, go hand in hand.

Martyn Kendrick, from the Bank of Scotland, said: “Along with longer nights and warmer days, summer is ushering in a new wave of confidence among Scottish businesses.”We know there are thousands of National readers who want to debate, argue and go back and forth in the comments section of our stories. We’ve got the most informed readers in Scotland, asking each other the big questions about the future of our country.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business & Consumer news Scotland, UK & world - The Daily BusinessCatch up on the latest business news. Reports on business in Scotland, UK and world business. Essential news on businesses and business people
Source: Daily_Record - 🏆 9. / 89 Read more »