Latest Scottish Chambers of Commerce Quarterly Economic Results

Economic recovery at risk as Covid concerns curtail business growth

The Scottish Chambers of Commerce Quarterly Economic Indicator, in association with the Fraser of Allender Institute, for the final quarter of 2021 have been published.

You can download the full survey at the end of this article.

The survey results reflect the business outlook prior to the emergence of the Omicron variant, which has led to fresh restrictions on the retail, hospitality, leisure and culture sectors.

Mairi Spowage, Director of Fraser of Allender Institute, highlights that there are early signs that Scotland's recovery is lagging behind that of the rest of the UK, despite optimism in the resilience of the economy.

Stephen Leckie, President of Scottish Chambers of Commerce, recognises that inflation, suppressed exports and skills shortages are risks to economic recovery.

Press coverage following publication of the survey include:

BBC Good Morning Scotland (segment starts 1:11:02)

Good Morning Britain

STV Online News

The Herald

The Press & Journal

The Scotsman

Daily Express

Download the report here: