Bussiness
Business confidence rises to highest in UK under John Swinney
Hello and welcome to our daily digest of business, financial and economic news from around Scotland.
The first minister John Swinney presided over a growth in business confidence — although the research did not cover the period since the general election was called
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1. Business confidence in Scotland has risen to the joint highest in the UK during the period in which John Swinney became first minister.
The long-running monthly Business Barometer from the Bank of Scotland, published on Friday, said that optimism in Scotland was up by 15 percentage points in May, to 57 per cent. That was the same as the southeast of England and greater than any other English region and devolved nation across the UK.
The average for the UK as a whole was up by eight points to 50 per cent, the highest level in eight years, although the research was conducted in the first two weeks
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