BICS weighted Scotland estimates: data to wave 122

Business Insights and Conditions Survey (BICS) weighted Scotland estimates containing data to wave 122


Business Concerns

In the period 2 December to 15 December 2024, the BICS asked businesses about their main concerns for January 2025.

Business concern question: Which of the following, if any, will be the main concern for your business in January 2025?

  • 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 January 2025 was falling demand of goods and services (17.2%), followed by taxation (14.8%). 14.5% of businesses had no concerns.

Estimated share of businesses by main concern for January 2025. Businesses not permanently stopped trading, with 10+ employees and a presence in Scotland. Wave 122.

A bar chart showing that the main concern for businesses for January 2025 was falling demand of goods and services (17.2%), followed by taxation (14.8%). An estimated 14.5% of businesses had no concerns.

Source: BICS weighted Scotland estimates - data to Wave 122 from the Scottish Government. For Figure 2 data see table ‘BusinessConcern’.

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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