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.
Authors
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.
His main areas of focus are economic policy, social care and criminal justice in Scotland. Ben also co-edits the quarter Economic Commentary and has experience in business survey design and dissemination.
James is a Fellow at the Fraser of Allander Institute. He specialises in economic policy, modelling, trade and climate change. His work includes the production of economic statistics to improve our understanding of the economy, economic modelling and analysis to enhance the use of these statistics for policymaking, data visualisation to communicate results impactfully, and economic policy to understand how data can be used to drive decisions in Government.
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.