The latest survey of 5,500 businesses by the British Chambers of Commerce (BCC), found that the UK's economy continued to grow in the first quarter of the year, avoiding a "double-dip" recession. This was largely due to the services sector, which continued to grow. However, new manufacturing orders continued to fall and employment in the sector had suffered a setback this year.
BCC director general, David Frost said that although the double dip had been avoided the recovery still needed to be nurtured.
With the election fixed for 6 May, UK business group CBI director-general Richard Lambert said that whichever party wins, the number-one priority must be to set out a clear and credible plan for restoring the public finances and supporting economic growth.
The CBI has listed its the priorities for the first 100 days of a new government. These include a sustainable path for the public finances; competitive business taxes; a strong banking system; energy security; giving students skills for the future and moves to tackle youth unemployment.
The Federation of Small Businesses (FSB) has urged the incoming Government to help small firms by providing access to affordable finance. It has also called for assistance for those wanting to start innovative businesses.
The Forum of Private Business (FPB) believes redressing the balance between employers and employees' rights should be one of the key priorities for the next government. It argued that an ever-increasing tally of legislation has made many smaller businesses frightened of hiring, and even advertising for, new staff.
