ICAS Warns of Economic Confidence Crisis Ahead of Election

Weak confidence and tax worries hit Scottish investment – ICAS

The Institute of Chartered Accountants of Scotland (ICAS) has warned that low confidence in Scotland’s economic prospects is already discouraging investment and limiting job creation. The ICAS is calling for long-term policy commitments as the country approaches a key election. With Scotland due to vote on 7 May 2026, the ICAS has released findings from a survey of its members conducted after the Scottish Budget in January. In the survey, 78% of…

ICAS warns of economic confidence crisis ahead of election

As Scotland approaches a pivotal election, the Institute of Chartered Accountants of Scotland (ICAS) warns that low confidence in the Scottish economy is already holding back investment and job creation at a time when Scotland can least afford it.   Results of a survey of ICAS members following the Scottish Budget in January, highlight the scale of concern across the business and finance community. The post-Budget survey found:   78% said they …

Eight in ten accountants oppose tax policies

Low confidence in the Scottish economy and its tax system is holding back investment and job creation, according to a new report.