£5.3bn boost in investment from SMEs, says Clydesdale Bank research

Increasing confidence in Scotland’s small business community will trigger more than £5 billion of investment over the next 12 months.

Clydesdale Bank research estimated 83% of Scotland’s 326,000 SME firms are planning to make new investments worth £5.3bn in the year ahead.

Scott McKerracher, regional director for business and private banking, said that a thriving SME community is “vital to wider economic growth”.