In Wave 90, the BICS asked businesses about their main concerns in September 2023.
Business concern question: Which of the following, if any, will be the main concern for your business in September 2023?
- 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
- falling demand of goods and services
- not sure
- no concerns for my business
Figure 2: The top concerns for businesses for September 2023 were energy prices (21.7%) and inflation of goods and services prices (16.5%). Comparing to the previous month, more businesses are now reporting energy prices as their main concern.
Estimated share of businesses by main concern for September 2023. Businesses currently trading, with 10+ employees and a presence in Scotland. Wave 90.
Source: BICS Weighted Scotland Estimates - Wave 90 from the Scottish Government. For Figure 2 data see table ‘BusinessConcern’.
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Business & Innovation Statistics
Office of the Chief Economic Adviser
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