Business confidence plunges in Scotland as war and inflation pressures mount

  • 📰 The Independent
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Fraser Sime, regional director at the Bank of Scotland, said the ‘current economic climate is understandably proving challenging for Scottish firms.

Hann-Ju Ho, senior economist Lloyds Bank Commercial Banking, said: “Following encouraging improvements at the start of the year, March’s fall in confidence is therefore disappointing, but not surprising.

 

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Oil prices dip; UK grocery price inflation highest since 2012 – business liveConsumers turn to supermarkets’ cheaper own-label products; oil prices extend losses as traders worry about demand drop from China Electronic money created by the central banks is beginning to hurt consumers and businesses. That was bound to happen! QE War is bad for business, especially sanctioning a country like Russia. 34 days only see how everyone is affected by this war. Tell me if we are not already in WWIII?
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