BICS weighted Scotland estimates: data to wave 102
Business Insights and Conditions Survey (BICS) weighted Scotland estimates containing data to wave 102
Business Concerns
In Wave 102, the BICS asked businesses about their main concerns in March 2024.
Business concern question: Which of the following, if any, will be the main concern for your business in March 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 5: The top concerns for businesses for March 2024 were energy prices (13.4%), falling demand of goods and services (12.6%), and inflation (11.0%). An estimated 16.5% of businesses reported having no concerns.
Estimated share of businesses by main concern for March 2024. Businesses currently trading, with 10+ employees and a presence in Scotland. Wave 102.
Source: BICS Weighted Scotland Estimates - Wave 102 from the Scottish Government. For Figure 5 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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