Business sentiment has risen to its highest level since 2021, as signs of optimism begin to emerge among Scottish businesses, according to the latest Scottish Business Monitor from the Fraser of Allander Institute and Addleshaw Goddard.
While a slight majority of firms still expect weak growth in the Scottish economy over the year ahead, almost every sector reported an improvement in the volume of business in the most recent quarter – rebounding after a severe dip in the previous quarter.
With energy prices cooling, the proportion of businesses expecting to reduce their operations this year due to higher bills dropped from half to around a third.