BICS weighted Scotland estimates: data to wave 106
Business Insights and Conditions Survey (BICS) weighted Scotland estimates containing data to wave 106 (including data for Wave 105).
Business Concerns
In Wave 106, the BICS asked businesses about their main concerns for May 2024.
Business concern question: Which of the following, if any, will be the main concern for your business in May 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 May 2024 were falling demand of goods and services (18.1%) and inflation (13.6%). An estimated 16.9% of businesses reported having no concerns.
Estimated share of businesses by main concern for May 2024. Businesses currently trading, with 10+ employees and a presence in Scotland. Wave 106.
Source: BICS Weighted Scotland Estimates - Wave 106 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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