A survey of professional accountants has suggested that business confidence is low across the UK, though it is slightly more stable in Scotland.

According to the Global Economic Conditions Survey, Scotland’s confidence index is - 20, compared to a UK average of -40 and a global average -30.

The survey,  a collaboration between the Association of Chartered Certified Accountants and the Institute of Management Accountants, aims to provide a quarterly record of the state of the global economy based on members views.

Please enable cookies in your browser to display the rest of this article.