People should not be carried away by strong second quarter gross domestic product (GDP) results, one expert has claimed.
Jonathan Loynes, chief European economist for Capital Economics, noted that it is still too early to say that any risk of a double-dip recession has passed.
He was speaking after the Office for National Statistics revealed that GDP swelled by 1.2% in the second three-month period of 2010.
Mr Loynes observed that the big question is rather whether this expansion can be sustained for a long period of time.
He describes the chances of this happening as "extremely unlikely", as he believes the economy may cool in the coming months.
If this situation does occur, the much-lusted-after creation of jobs may not happen at the rates many observers had hoped it would, the specialist stated.
In fact, Mr Loynes remarked that the opposite could take place, as some may be forced to shed staff in order to survive.
