One in five Scottish companies expect to reduce operations due to rising wholesale gas prices.
The higher cap means a typical household will pay £1,971 a year from April, 54% more than they pay now, with a further rise expected in October.
It also found that all core business indicators, barring export activity, remained optimistic throughout 2021.But the report, produced in partnership with the University of Strathclyde's Fraser of Allander Institute, said more than half of Scottish businesses were finding it difficult to source the goods and services they required.
"Businesses continue to see the opportunities and rise to the challenges of incorporating more sustainable practices, with more firms now putting the onus on suppliers to meet sustainable requirements."
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