BICS weighted Scotland estimates: data to wave 118

Business Insights and Conditions Survey (BICS) weighted Scotland estimates containing data to wave 118


Business Concerns

In the period 7 October to 20 October 2024, the BICS asked businesses about their main concerns for November 2024.

Business concern question: Which of the following, if any, will be the main concern for your business in November 2024?

  • business rates
  • competition with other UK businesses
  • energy prices
  • exchange rates
  • inflation of goods and services prices
  • interest rates (including mortgages)
  • property rental costs
  • supply chain disruption
  • taxation
  • falling demand of goods and services
  • other
  • not sure
  • no concerns for my business

Figure 2: The top concern for businesses for November 2024 was falling demand of goods and services (16.9%). However, 18.5% of businesses had no concerns.

Estimated share of businesses by main concern for November 2024. Businesses not permanently stopped trading, with 10+ employees and a presence in Scotland. Wave 118.

A bar chart showing that the main concern for businesses for November 2024 was falling demand of goods and services (16.9%). An estimated 18.5% of businesses had no concerns.

Source: BICS weighted Scotland estimates - data to Wave 118 from the Scottish Government. For Figure 2 data see table ‘BusinessConcern’.

Contact

For enquiries about this publication please contact:
Marina Curran
Business & Innovation Statistics
Office of the Chief Economic Adviser
e-mail: industrystatistics@gov.scot

For general enquiries about Scottish Government statistics please contact:
Office of the Chief Statistician
e-mail: statistics.enquiries@gov.scot
 

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