Businesses, such as those occupying serviced offices in Cardiff, are "undoubtedly" regaining confidence in the UK's economic recovery, it has been noted.
Justin Cooke, chair of the British Interactive Media Association, praised British companies for the way they had responded to the financial state of the country in recent months.
"Rather than battening down the hatches, they've been bullish and looked for new ways of working to succeed," he observed.
Mr Cooke added that the government and the Bank of England would be likely to consider other measures before a second wave of quantitative easing (QE) to help the economy in the new year.
He stated QE would be a short-term solution and what the coalition needs to do is offer more assistance to small and medium-sized enterprises (SMEs) by encouraging banks to lend money to them.
According to the BDO optimism index, which records how firms expect trade to perform in two quarters' time, confidence among businesses is below the mark of 95 per cent, indicating growth in the first three months of next year could be negative.
