BICS weighted Scotland estimates: data to wave 102
Business Insights and Conditions Survey (BICS) weighted Scotland estimates containing data to wave 102
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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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