The British Chambers of Commerce (BCC) says there have been improvements in many areas of the British economy, most strikingly in manufacturing.
Its economic survey for the fourth quarter of 2009 says the UK economy appears to be on the brink of leaving recession.
But it warned that, despite exports in the service sector strengthening, the industry was still struggling.
And it warns there needs to be easier access to capital for businesses.
The BRC says UK productivity could be hit if sharp falls in business capital spending are not reversed.
It also says the 1% increase to employers' National Insurance Contributions planned for 2011 should be scrapped.
In recent years Dubai has grabbed the headlines with audacious offshore islands, rotating buildings and a seven star hotel. On Monday it opens the world's tallest building, Burj Dubai. It's about twice the height of the Empire State Building, you can see its spire from 95km away and the exterior is covered in about 26,000 glass panels, which glisten in the midday desert sun.
The design of the building posed unprecedented technical and logistical challenges, not just because of its height, but also because Dubai is susceptible to high winds and is close to a geological fault line. You have the solutions for it but you always wonder how it will really work, Mohamed Ali Alabbar, chairman of Emaar, the developer behind Burj Dubai.
We have been hit with lightning twice, there was a big earthquake last year that came across from Iran, and we have had all types of wind which has hit us when we were building. The results have been good and I salute the designers and professionals who helped build it.
Dubai's stock market fell by 6% on Monday on new worries about the size of the emirate's debt burden. It came as Dubai's finance minister said the government would not sell any assets to help the emirate's investment vehicle, Dubai World, meet its debts. Minister Abdulrahman al-Saleh said any assets sold would have to be the property-to-ports company's own.
Dubai shares have had a torrid time since Dubai World said 10 days ago it wanted to stall payments to creditors. They finished Monday trading at their lowest level since 22 July. Real estate and banking shares were particularly hard hit, with investors still concerned about the financial sector's exposure to Dubai World's debt.
Dubai World has some valuable assets, notably its ports business, which stretches to every continent in the world, including London's Tilbury Docks and France's Le Havre. Other items in its wide-ranging investment portfolio include the luxury retailer Barney's of New York, a list of high-end US hotels, and the Canadian acrobatic circus franchise, Cirque du Soleil. Speaking to Al-Jazeera, Mr. Al-Saleh said like any company that has commitments, part of getting liquidity is selling some assets.
Pub operator JD Wetherspoon has announced it will open 250 pubs over the next five years, creating 10,000 jobs in the process. The new pubs represent a slight increase in the group's current rate of expansion. The group opened 39 pubs in the year to the end of July, and had already announced it would open 40 new pubs by the middle of next summer.
Wetherspoon recently reported record sales in the year to the end of July. The group said it would invest £250m in the new outlets over the five years. Our pubs are extremely popular and we wish to build on their success by opening more, said Wetherspoon's chairman Tim Martin.
Tim Martin said that the recessions can be a good time to expand because property prices fall. The new pubs will be located across the UK, including sites in Sheffield, Livingston, Leominster, Otley, New Malden, Liverpool, Haverfordwest and Newcastle. Wetherspoon currently operates 743 pubs in the UK.
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