tso-banner.gif (2487 bytes) Previous page Contents page Next page

 
Business Section

5.3 Confederation of British Industry (CBI) Surveys of Industrial Trends (1)(2) Scotland: July 1984-January 1998

per cent
Optimism re business situation(3) Firms working below capacity (4) Investment(5) Constraints on output(6) Volume of new orders (7)
Building Plant and machinery Orders or sales Skilled labour Plant capacity Credit or finance Material components Total Export
1984 July +9 60 0 +6 83 5 16 2 7 +14 +17
October -2 56 -12 +10 80 6 21 4 5 +6 +6
1985 January +10 48 -19 -1 79 7 24 3 4 +7 +9
April +12 56 -13 +6 82 5 16 7 14 +29 +18
July +7 46 -29 -13 71 10 22 2 4 +27 +16
October -9 51 -32 -6 75 11 14 2 3 +12 +5
1986 January -2 56 -35 -9 89 3 18 5 5 +1 +23
April -5 58 -22 -1 83 8 12 4 2 -17 +14
July -16 49 -18 +2 85 8 10 8 9 -8 -6
October -14 56 -24 -18 80 12 6 3 3 -4 +14
1987 January +11 62 -21 -11 88 11 12 5 9 +1 +11
April +27 59 -17 -2 64 10 18 4 9 +13 +8
July +9 51 +2 +17 82 7 8 9 8 +20 +14
October +19 45 -17 +10 64 12 13 5 5 +22 +13
1988 January +29 34 +2 +6 57 11 26 3 12 +33 +23
April +2 29 -24 -41 53 7 23 2 32 +24 +10
July +14 34 -13 +5 51 16 28 3 16 +19 +8
October +1 31 -8 +3 63 15 22 1 17 +24 -
1989 January +1 42 -8 +9 68 10 32 1 9 +15 +9
April -12 37 -15 -12 70 8 25 1 6 +4 +12
July -1 31 -9 -2 58 21 21 1 12 +14 +14
October -32 43 -20 -8 74 12 27 3 13 +7 +10
1990 January -11 45 -5 -1 77 18 25 5 10 0 +8
April -5 44 -29 -13 75 11 23 3 11 +2 +2
July -3 40 -20 -4 74 18 27 1 10 -8 -23
October -37 44 -32 -16 71 29 20 1 8 -24 -7
1991 January -42 52 -18 -25 88 14 19 9 7 -34 -10
April -19 44 -26 -32 81 18 13 5 2 -25 -8
July -43 71 -34 -17 87 10 13 8 5 -41 -12
October +10 61 -30 +2 88 10 13 9 1 -26 -12
1992 January +34 64 -41 -21 91 6 10 4 - -35 -22
April +2 55 -28 -7 89 14 11 8 2 -27 +21
July +3 60 -32 -8 87 9 13 8 1 -14 +10
October -17 71 -41 -31 96 5 6 5 2 -18 0
1993 January -11 61 -36 -26 96 4 6 3 1 -10 +9
April +12 65 -13 -14 88 4 11 5 3 -8 +16
July +33 50 0 +9 83 4 20 6 6 +1 +10
October +21 36 +4 +24 82 5 24 4 4 +10 +10
1994 January +11 43 +4 +9 71 7 23 4 12 +22 +29
April +3 52 -4 +11 76 6 24 3 3 +30 +38
July +5 54 -20 +17 78 5 25 3 4 +10 +31
October +8 39 -8 +10 71 14 28 2 7 +21 +28
1995 January +8 57 -19 +17 84 11 20 4 7 +3 +1
April +9 28 -12 +17 63 9 32 3 9 +27 -3
July +14 48 +3 0 73 13 26 7 13 0 +9
October +6 60 +11 +39 88 19 11 0 4 +9 +8
1996 January +8 38 -15 +1 73 8 25 3 7 +17 +11
April -2 49 -2 +12 78 6 28 4 7 +10 +16
July -2 55 +17 +26 79 12 18 5 5 -21 -14
October +23 50 -10 +4 83 9 19 4 4 +11 +5
1997 January +15 47 -24 +3 80 11 20 1 16 -3 -6
April +14 39 -10 +24 65 7 32 10 16 +12 +6
July +16 29 -5 +20 72 15 17 6 2 +12 -6
October +10 49 -12 +1 67 16 26 7 4 -6 -26
1998 January +14 31 -17 -10 70 13 11 1 8 +10 +9

Source: Confederation of British Industry

(1) The number of respondents is usually between 100 and 110 firms per survey. Each reply is weighted according to the proportion of manufacturing net output accounted for by the firm's industry/employment size group. The weights were last revised in October 1996.
(2) Several indicators are expressed as'net balances'. The'net balance' refers to the percentage of respondents answering positively (eg improved optimism) minus the percentage of respondents answering negatively (eg decreased optimism). The'net balance' is strictly the percentage point difference between these 2 responses and omits the "no change" responses.
(3) Net balance of firms more (+) or less (-) optimistic about the general business situation than four months ago.
(4) Percentage of firms working below capacity.
(5) Net balance of firms intending to invest more (+) or less (-) over coming year than in past year.
(6) Percentage of firms expecting output to be limited over the next four months by constraints shown.
(7) Net balance of firms reporting that the trend over the past four months was up (+) or down (-) compared to the previous four months.

5.4 Scottish -based banks(1): balance sheet q4 1995-q2 1997

£ millions 1995 1996 1997
Q4 Q1 Q2 Q3 Q4 Q1 Q2
Liabilities
1. Notes outstanding 1,830 1,607 1,662 1,700 1,904 1,699 1,776
2. Sterling Deposits 66,364 68,409 69,231 68,590 70,153 73,519 74,955
3. Other currency deposits 16,433 17,400 17,469 17,741 16,921 16,403 16,769
4. Sterling and foreign currency liabilities:
items in suspense and transmission, capital and other funds		 11,215 11,948 12,179 12,518 12,653 13,519 13,719
5. Total liabilities (1+2+3+4) 95,842 99,364 100,540 100,549 101,630 105,140 107,219
Sterling Assets
6. Notes and coin 2,156 1,798 1,950 1,652 1,949 1,997 1,700
7. Balances with Bank of England incl cash ratio deposits 161 162 291 247 179 322 178
8. Market loans 20,540 21,947 21,574 22,782 22,049 23,735 23,281
9. Bills 1,520 1,419 1,503 1,124 1,006 1,309 893
10. Claims under sale and repurchase agreements - 522 277 477 1,174 1,594 2,374
11. Advances 46,776 47,520 49,300 48,177 50,602 52,248 53,764
12. Investments: British government stocks 1,665 2,066 2,066 1,964 1,924 1,408 1,125
13. Other 2,265 2,352 2,390 2,448 2,927 3,037 2,918
Other currency assets
14. Market loans and advances 14,951 15,569 15,127 14,913 13,928 12,990 14,021
15. Bills 15 9 8 11 11 9 10
16. Investments 2,171 2,070 2,213 2,226 2,322 2,430 2,566
17. Sterling and Other currency: misc assets 3,623 3,930 3,838 4,528 3,561 4,062 4,389
Total Assets (6 to 17) 95,842 99,364 100,540 100,549 101,630 105,140 107,219
18. Acceptances 1,237 1,255 1,450 1,428 1,479 1,345 1,249
19. Eligible liabilities 46,797 47,797 49,648 48,411 50,206 52,453 51,732

(1) These data are provided by the Bank of England and relate to banks whose registered office is in Scotland. As statistics provided by the banks include the activities of all branches indistinguishably, the data will include business which these banks have with non-Scottish residents but exclude business which other banks have with Scottish residents. Thus the data do not relate to banking activity taking place exclusively in Scotland.
 

Previous page Contents page Next page