SCOTTISH companies are on average more optimistic about their growth prospects over the next five years than their peers anywhere in the UK outside London and the south-east, even though they are much less bullish than in 2011.

A survey of companies with an annual turnover of up to £20 million, published today by banking group Santander, shows the average business in Scotland is projecting growth in turnover of 91% over the next five years.

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