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Mr Spencer said: "the Government was bent rearward to produce policies… business-friendly"."Companies now have to step up the plate to."

POINT has defied the doomsayers rejecting fears a recession double and upgrade its forecast of 1 4pc growth this year, 2 2pc 2011 three months ago and 2 9pc in 2012 and 2013.Cependant, he said that the recovery is based on the willingness of the private sector to create jobs, picking up the slack caused by the 83bn ￡ spending cuts by 2015 and 600,000 projected public job losses.

"Business hold the key to recovery." "It is essential that they use their cash to invest and develop labour market flows," explains point.

The Chancellor has presented a fee of ￡ is cut in the budget of the business. By sabré in spending and reassure markets bond, the coalition seeks to "less pressure on interest rates and to provide confidence that taxes will be lower at later", Mr. Spencer added.

Companies are sitting on a surplus on GDP - 8pc over ￡ raise, Mr Spencer said."The money is there."The counterpoint to the government deficit are surplus accumulated by businesses, "he said." ""It is difficult to see how we can get 11pc [budget] deficit down if these surpluses are not dealt with.?

A separate survey of registrars living today shows that dividends are growing for the first time since 2009 - prompting researchers to increase their total dividend planned for the year by. 7bn ￡ billion to ￡ 55.La growth is particularly strong in the FTSE 250, a better measure of corporate Britain to blue - chip .the index FTSE 250 payments increased 33pc in the third quarter.

Mr Spencer said: "as supported it, big companies are in excellent shape, with a lot of investment and employment and the strength to exploit opportunities."

ARTICLE said that Britain is now "the road to the slow recovery".the countries will suffer "a soft patch" - in the last quarter of 2010 and the first quarter of 2011 - before picking up momentum.

Despite poor trade figures, Mr. Spencer is "convinced the growth of exports will dominate next year, with net trade imports now forecast to add 1. 3pc GDP and 0. 6pc another in 2012," pushing the current account surplus.

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