BICS weighted Scotland estimates: data to wave 100

Business Insights and Conditions Survey (BICS) weighted Scotland estimates containing data to wave 100


Business Concerns

In Wave 100, the BICS asked businesses about their main concerns in February 2024.

Business concern question: Which of the following, if any, will be the main concern for your business in February 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 February 2024 were falling demand of goods and services prices (16.6%), energy prices (13.1%) and inflation (10.5%) .

Estimated share of businesses by main concern for February 2024. Businesses currently trading, with 10+ employees and a presence in Scotland. Wave 100.

A bar chart showing that the main concerns for businesses for February 2024 were falling demand of goods and services, energy prices and inflation.

Source: BICS Weighted Scotland Estimates - Wave 100 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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