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Scottish Business Monitor, 2021 Q2

This report summarises the key results from our latest Fraser of Allander (FAI) Scottish Business Monitor, published in partnership with Addleshaw Goddard.

As restrictions continue to ease and the economy re-opens in Scotland, the Scottish Business Monitor survey published today (27th July 2021) highlights that business sentiment has continued to improve since the first quarter of 2021.

The Addleshaw Goddard Scottish Business Monitor report – published in partnership with the University of Strathclyde’s Fraser of Allander Institute – indicates that businesses are optimistic about their volume of business, employment levels, and turnover over the next six months.

More than 500 Scottish firms responded to the survey, and the proportion of businesses which confirmed they have somewhat or very high confidence that they will continue trading through the next six months, has risen from 82.6% in the final quarter of 2020 to 91.8% in the second quarter of 2021.


Ben is an economist at the Fraser of Allander Institute working across a number of projects areas. He has a Masters in Economics from the University of Edinburgh, and a degree in Economics from the University of Strathclyde, as well as experience working on a variety of projects for public, private, and third sector organisations. He also focusses on business survey design and dissemination.

James is part of the knowledge exchange team, which involves connecting academia to business, government, and the public. He has a Masters in Applied Economics, a degree in Mathematics, Statistics & Economics and is experienced in working on a wide range of projects for public and private sector clients.

Mairi is the Director of the Fraser of Allander Institute. Previously, she was the Deputy Chief Executive of the Scottish Fiscal Commission and the Head of National Accounts at the Scottish Government and has over a decade of experience working in different areas of statistics and analysis.

Part of Collection

The quarterly Fraser of Allander Scottish Business Monitor, in partnership with Addleshaw Goddard, provides a snapshot of activity and business sentiment in the Scottish economy.