Bosses of firms – such as those using serviced offices in Edinburgh – are less concerned about possible spending cuts and more focused on other aspects of their business.
That is the view of Andrew Hawes, director and co-founder of Newton, who argued chief executive officers (CEOs) and finance directors see tax changes and cuts as an inevitability rather than being unfair.
"It is not particularly a big deal for them. They know there is a lot of pain coming and they are more focused on dealing with it," Mr Hawes commented.
Almost a third of the UK workforce worry about being made redundant, Abbey Legal Protection noted last month.
Research conducted by the Institute of Leadership & Management and Management Today magazine showed employees have greater trust in CEOs who have avoided redundancies by introducing measures such as flexible working and budget cuts.
The study found a more trusting workforce has emerged from the recession for companies that were well-led during this period, with overall confidence in CEOs rising by four points.
