Business leaders say government reforms such as reducing red tape and simplifying employment law have been ineffective. The study of more than 1,200 members of the Institute of Directors also shows serious concern that the recession will continue for the rest of the year.
Among the main findings of the study are:
- The coalition has struggled to reduce tax complexity and business regulation
- Around half polled predicted economic growth to be lower this year
- Two out of three said there was a zero or low probability of the UK emerging from recession in 2012
More top news
Travel industry chiefs have called for universal safety standards to be introduced across Europe, to help prevent future tragedies.
The tragic deaths of two children on a Thomas Cook Corfu holiday in 2006 could lead to a crisis of confidence for the travel industry.
Sunny spells for tomorrow, although the further we go into the weekend then we will see outbreaks of rain moving south eastwards