The UK economy is expected to enjoy a stronger 12-month period in 2013 than it did last year, with the Confederation of British Industry (CBI) predicting modest growth of one per cent.
John Cridland, the CBI director-general, explained that signs in the market are promising as the organisation also forecasted that 2014 will see the British economy witness growth of two per cent as conditions continue to improve.
"We are beginning to see the return of organic growth, with clear signs that firms offering the right products into the right markets are growing sales and expanding," he explained.
"Looking ahead, external risks to the outlook in the Eurozone and further afield are likely to keep growth at home and abroad in check.
"The potential for Eurozone tensions to flare up again, coupled with tough conditions in the domestic market, explain why business confidence remains patchy. After the uncertainties of 2012, the fear of external storm clouds lingers."
Indeed, despite the CBI's prediction for 2013 being a positive one, it appears that confidence remains constrained as observers continue to be tentative when it comes to painting too optimistic a picture for the coming months.
Mr Cridland added that the economic recovery will be a "long drawn out process of adjustment", and that there is still room for the government to play a supporting role by encouraging investment in certain areas.
Quarter-on-quarter growth for 2013 is expected to be 0.3 per cent in Q1 and range from 0.3 per cent to 0.4 per cent throughout the rest of the year.
As the economy begins to pick up and the market sees greater activity, businesses could be prompted to focus on strategies to take advantage of the improving conditions.
Whether that means purchasing office space to support expansion or investing in commercial properties to widen the scope of their operations, it appears that the coming year will be a particularly important one for the country's economy.