A new survey from PricewaterhouseCoopers (PwC) has revealed that UK business managers have a high level of concern that a double-dip recession will take place.
According to the accountancy company, the greatest worries are felt in the north of the UK, Northern Ireland and London.
Figures from the Office for National Statistics (ONS) released last month showed that the economy of the UK had grown by 0.1 per cent between October and December last year.
Although this suggested the economy had emerged from recession, the figures were lower than had been anticipated.
In PwC's survey "lacklustre" business confidence and lack of credit were highlighted by respondents as key areas for concern.
A "bumpy recovery" was anticipated in the UK in a report published last month by accountancy firm Ernst & Young (E&Y).
Keith McGregor, restructuring partner at E&Y, said: "Growth in the first part of the year could sit in contrast with economic stagnation or even a second dip later on."
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