The group warned in its latest Quarterly Economic Forecast that the economy would continue to “bump along the bottom” unless the government takes action to stimulate growth.
However, the BCC, which represents some 100,000 UK businesses, marginally raised its forecast for next year, from 1.8% to 1.9%.
BCC director-general John Longworth said the coalition government should take more “enterprise-friendly” action to spark a recovery.
He called for the creation of a business bank to provide capital for small business, more infrastructure spending and more deregulation.
“We need growth and we need it now,” he said.
“If the government works together with the private sector to create the right environment over the long term, we’ll be able to prove once and for all that bold businesses can propel us forward out of stagnation and firmly on the road to recovery.”
The BCC’s report also warned that problems in the eurozone would likley continue for the forseeable future, causing difficulties for UK businesses.
