Business firms in United Kingdom have shown certain signs of development and economic success, thus declaring business either good or very good.

According to a survey conducted by the senior executives of the Opinion Leader Research for KPMG, the UK economy has grown to a new level in the past three months (July - September) , which had fallen down almost 18 months ago.

Nineteen percent of the executives, who were a part of the survey, have a stronger viewpoint for business terming the former as "good" or "very good". The report shows an increase of 9 per cent from the previous quarter.

Moreover, the percentage of senior executives saying that the outlook is "bad" or "very bad" has also fallen to 24 percent, which was almost 54 percent in the previous three months. As many as 205 companies were included in the survey.

"Though, at first glance these statistics do look encouraging, we must not forget that opinion is still heavily divided as to whether or not the economy is out of intensive care", said Malcolm Edge, head of markets for KPMG in the U. K.

"The continued weakness of the Pound against the Dollar and Euro presents a massive opportunity for British firms", he added.