Foreseeing the risk of a double-dip recession, BCC warned British Government of making huge spending. This Sunday edition on economic forecast carries the revised growth projection of 1.3 percent this year from 1.0 percent in its March edition. But it also pulled down the projected growth of 2.1 percent in March to 2.0 percent for 2011.

BCC chief economist David Kern said, "The recovery is still weak, and it would be unwise to disregard the threat of a double-dip recession”.

Kern added that "Significant additional fiscal tightening -- beyond the 6 billion pounds already announced -- should only be implemented when the recovery is definitively more secure”.

While applauding the stern determination of the new UK Government's for tackling the a budget deficit of almost 11 percent of GDP, Kern also warned the Government about the possible risks of derailing from recovery

BCC has urged the banks to keep the interest rates low as it is expecting the Bank's monetary policy committee of increasing the rates to 1% by the end of current year and to 2.5% by the end of 2011.

BCC revealed the possibility of increasing the unemployment in coming 12 months at lower pace.

BCC has called on the Government to support wealth creating businesses by avoiding new business taxes and policies that tend to damage the enterprise and entrepreneurship.