More than half of B2 Business Hub members who took part in our latest poll do not expect to see an economic revival in less than a year.

Yet while 59% of those who took part in “When do you think we'll see a recovery of the UK economy?” were taking a longer view, 25% considered the resurgence was already underway or would be so before the end of the year.

The polarisation of views is perhaps explained by the double dip, which some commentators expect will hit the UK later in the year.

Economic indicators suggest that the UK’s economic recovery will slow during the second half of 2010. And research suggests that business confidence has fallen as the talk of cuts and tax rises begin to take their toll upon business leaders.

In research carried out by accountancy body ICAEW and accountancy firm Grant Thornton, nearly a fifth of companies have revealed concerns and falling confidence levels as they enter Q3, with renewed caution brought about by the feared impact of the emergency budget and the comprehensive spending review on 20 October.

The ICAEW’s chief executive Michael Izza said: “UK businesses that came through the recession are now facing the challenge of surviving the recovery. They still don't know what the future holds and are uncertain about how the mood of fiscal austerity will impact the economic recovery.”

Poll result

When do you think we'll see a recovery of the UK economy?

• It's already happening: 15%
• Within 3 months: 3%
• Within 3 to 6 months: 7%
• Within 6 to 12 months: 16%
• Within 1 to 2 years: 59%