The Chancellor must restore business confidence in the Autumn Budget , a Scottish business network has said.

The Scottish Chambers of Commerce (SCC) has published a letter to Rachel Reeves calling for her Budget next week to be a “turning point” for businesses across the UK.

The letter warns firms are facing a perfect storm of rising costs and policy uncertainty.

SCC’s latest economic survey found business confidence is declining across most sectors, investment intentions have been put on hold, and hiring costs are at record highs.

Liz Cameron , director and chief executive of SCC, said: “Firms across Scotland are ready to invest and grow, but a complex and costly policy environment is holding them back.

“We hear all too often that firms want to invest in their premises and peop

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