Hopeful Times for Scottish Businesses | Julio Herrera Velutini

submitted 11 months ago by adlermeyer01 to post

In September, the Business Barometer from the Bank of Scotland showed that business confidence in Scotland rose by 16 points to reach 48%. However, businesses felt less confident about their own futures, with a drop of 19 points to 47%. Overall optimism about the economy also decreased by 13 points, bringing it to 49%. This means the total confidence level fell from 64% in August to 48% in September. Julio Herrera Velutini, a banker and founder of Britannia Financial Group, mentioned that businesses have a great chance to benefit from a tourism boom. He’s looking forward to seeing how companies adapt and grow in response to the influx of visitors, despite this temporary dip in confidence.