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The ICC investigation showed the expectations of the employment service sector has also declined.

Each key for the sector of services, such as the expectations of employment and investment, weakened over the past three months, according to the latest quarterly economic survey of the BCC flag.

Better much successful manufacturing, pointing to a rebalancing service-dependent, but on the whole economy of 5,300 companies survey was "disappointing", said the CCO.

The Organization has reiterated its call to the Bank of England, to increase its quantitative easing (QE) program from ￡ 200bn ￡ 250bn before the end of the year, to develop the economy in the best possible position to withstand the impact of the cuts public sector and increase in VAT from January.

Gross domestic product (GDP) growth is likely to have already slowed in the "best" 0. 5pc in the third quarter of the 1. surprisingly robust 2pc recorded during the three previous months, David Kern, Chief Economist of the ICC, predicted in advance of official data.

"We are still growing, recovery continues, but it slows even before large sections begin," he said. "" ""These results demonstrate the importance of ensuring that the economy is ready when the larger measures begin to hit.?

The investigation has shown balance in the sector of services for UK orders declined significantly over the previous quarter, dropping into negative territory as confidence deteriorated.

Expectations of the employment sector was also refused, suggesting companies may struggle to absorb losses of public employment in the coming months.

However, balance manufacturing employment was at its strongest level since the beginning of the survey in 1989.

Confidence in bearing improve next year also rose among manufacturers, although optimism on future profitability has not kept pace.

Cash flow data has been "worryingly low" for the two sectors.

Forward-looking, ICC said he supported the austerity measures by the Government, but that it was possible that reductions should be reviewed next year when they start to bite.

"We don't think at the moment that the Government should reconsider its tax base program", said Mr. Kern. "The only thing that can really justify a review would be if the economy goes into decline and stays there.?

In addition to call more than QE, David Frost, Director ICC-General urges the Government to facilitate the conditions for business, citing "implacable" of the new legislation on employment .the burden flooding would jeopardize the ability of the private sector in public sector counter unemployment, he said.

Separately, the organisation of cooperation and economic development said its last composite leading indicators - to predict economic developments - emphasized strongly "in a slowdown' in the United Kingdom.

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