More opportunities need to be created in the market for finance and accounting jobs and other sectors to capitalise on short-term forecasts of UK economic recovery.
According to the British Chambers of Commerce (BCC), UK GDP is now expected to grow to 1.7 per cent this year and 2.2 per cent in 2011.
This represents a noticeable upwards revision in its short-term predictions, but it warned that medium-term growth may slow as the coalition government attempts to cut the public deficit.
What's more, total unemployment is likely to increase over the next 18 months, as businesses cope with the packet of measures being introduced by the chancellor to aid recovery.
However, David Frost, director general of the BCC, said it is important that cuts and sacrifices do not stunt companies' growth or their ability to create jobs.
"There must be a relentless focus on ensuring that business is bale to deliver growth and create employment," he said.
"We need policies that rebalance the economy towards wealth-creating businesses and enable the private sector to invest, export and create new jobs. Failure to get this right poses the biggest risk to recovery."
The organisation's chief economist DavidKern added that economic activity in the short term will be supported by the stimulus injections made during the recession, as well as recent falls in the value of the pound and the rebuilding of stocks.
However, the increase in VAT to 20 per cent and public spending cuts are expected to prompt a sharp slowdown in the pace of growth during next year.
Recently, UK Trade and Investment, which facilitates growth of British firms abroad, said that confidence is gradually returning to the business community.
Rosa Wilkinson, managing director of the organisation's Marketing Group, said that businesses must do all they can to identify new customers in the UK and overseas if they are to successfully navigate the current economic storm.
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