British economy avoids a double-dip recession but the country is still at serious risk of a setback, according to results of recent survey.
The British Chambers of Commerce has today released results from its Q1 2010 Economic Survey, which reveals that, while the UK's upturn is on course, recovery is weak and serious risks of a setback remain.

The survey, which collected data from more than 5,500 businesses, found that confidence, although weak by pre-recession standards, is now firmly in positive territory. This confirmed businesses resilience in the aftermath of the recession, explained the BCC.

However, indicators in manufacturing still remain in the negative and employment in the sector has recorded a large decline of 16% in Q1, compared with an increase of 3% in Q4.

BCC chief economist David Kern said: "These results support the view that GDP growth stayed positive in Q1, but the recovery is set to remain fragile and sluggish."