In the first quarter of 2019, FSB’s Scottish Small Business Index fell 1.8 points to -34.5. This is the second quarter in succession that the index has hit a record low.
FSB's Scottish Small business Confidence Index fell to an all-time low of -32.6 points from -13.2 points earlier in the year.
Scottish small business confidence has fallen sharply in the third quarter of 2018 from +5.1 points to -13.2 points.
FSB’s Scottish Small Business Confidence Index climbed from –17.8 points to +5.1 points in the second quarter of 2018, the first time since 2015 that the business optimism metric has climbed into positive territory.
Scottish small business confidence rose from -21.4 points to -17.8 points in the first quarter of 2018. However firms north of the border remain substantially less optimistic than their UK counterparts.
Scottish small business confidence slid to near record lows in the final quarter of 2017. The index fell to -21.4 points down from -15.3 points in the third quarter. The research shows that more than half of small businesses highlighted the domestic economy as a barrier to growth and a balance of 17.5% reported a fall in gross profits.
Scottish small business confidence fell in the third quarter of 2017 from -3.8 points to -15.2 points. The index shows that a net balance of 7% of firms plan to increase their investment in the next quarter, up from 6% earlier in the year.
Scottish smaller business confidence increased in the first quarter of 2016, from- 28.9 points at the end of 2016 to -9.6 points. The index shows that in the past 3 months Scottish small businesses’ revenues declined at the fastest rate in four years. However, a majority of firms do expect sales and turnover growth over the course of 2017.
The SBI has recovered to 20, having been in negative territory immediately after the EU referendum.
The Federation of Small Businesses (FSB) reveals today that UK small business confidence in the last quarter bounced back to the level reported before the EU referendum campaign began. FSB’s Small Business Index (SBI) has now moved into positive territory, which means that more small businesses feel confident than those that feel the opposite.
Scottish smaller business confidence reached its lowest ebb since 2011 following June’s referendum. The Scottish confidence index fell to -18.8 points in the third quarter of 2016, down from +1.7 points this time last year However, many Scottish firms plan to tap cheaper credit to deliver postponed investment plans.
The Federation of Small Businesses (FSB) has found that UK small business confidence has continued to fall, dipping into negative territory for the first time since 2012. Business owners feeling confident are outnumbered by those that feel the opposite. However, FSB found many immediate economic conditions improving, with small firms reporting greater access to finance, a rise in new employment and reduced spare capacity in their businesses.
For the second quarter in a row, the FSB’s confidence index shows that Scottish business owners who expect trading conditions to deteriorate outnumber those who believe they will improve. FSB argues that governments in Edinburgh and London need to take action to reverse this trend.
The latest Small Business Index (SBI) found small business confidence at a four year low following the largest annual drop in the FSB Small Business Index (SBI) since it started in 2010. The latest SBI, gathered before the EU referendum, found smaller firms planning to cut jobs for a second consecutive quarter. FSB members reported falling profits with increases to the cost of labour and the overall tax burden listed as major contributors to a rise in the cost of doing business.
Scottish small business confidence has continued to cool for another quarter in Q1 2016.The report reveals that Scotland's small businesses are amongst the gloomiest in the UK with a majority pessimistic for the first time since 2013. More positively, investment intentions have held steady and credit conditions continue to improve.
The latest Small Business Index (SBI) for Q1 2016 finds small business confidence at the lowest level since 2013. The significant drop in small business confidence is one of the key findings and the fall is most noticeable in London and the East of England, but all regions of the UK have seen declines. Scotland and Northern Ireland are the least confident areas overall, with both now in negative territory.