SCOTTISH Chambers of Commerce’s president has warned of the “drag effect” of Brexit on companies.
And he sees a need for business and government to work together to address what he contended was a “quietly growing perception” that Scotland was less competitive than other parts of the UK.
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Tim Allan, who addressed more than 460 business and industry leaders representing 170 Scottish firms at the organisation’s annual dinner in Glasgow last night, said: “The attractiveness of ‘Brand Scotland’ is undeniable. But there is also no doubt that the drag effect of Brexit is hitting the competitiveness of Scottish firms.
“We must step up our efforts to protect and preserve the ability of Scottish companies to trade and export. That’s why we are ramping up our ability and capacity to facilitate business-to-business connections between Scottish companies and the global Chamber network."
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He added: “Unlocking the potential of international growth markets is a fundamental pillar of growth for Scotland and, in the midst of political headwinds, it is one we must not lose sight of.”
Mr Allan highlighted a “barrage of challenges” for Scottish companies.
He said: “The Brexit bite, rising business costs and recruitment difficulties are having real-life implications on investment decisions. The burden of costs on the shoulders of business is taking its toll. Business and government together need to urgently address the quietly growing perception that doing business in Scotland is less competitive than other parts of the UK.
“If re-balanced, we will elevate our global position as a pro-enterprise and pro-entrepreneurship nation.”
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Mr Allan emphasised the importance of private-sector engagement in helping tackle climate change.
He said: “Climate change is a challenge that affects every citizen, so my message is clear: the better engaged the private sector is and the more we collaborate, the more effective and sustainable our response.
“Business and policymakers have to wake up to the fact that our customers and citizens will not accept inadequacy when addressing this global challenge. We have to adapt to this market shift with trust, credibility and pace.”
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