According to the head of the UK's biggest business lobby group, there was no plan to revive economic growth in the Autumn Statement.
Jeremy Hunt prioritised stability, according to Tony Danker.
The UK wouldn't be able to afford health and social care without higher growth.
The health secretary said that the country's high growth industries would be boosted by the freedom of movement after the UK leaves the EU.
Spending cuts and tax increases were outlined in the Autumn Statement by Mr Hunt.
As the country fell into recession, the government's economic forecaster warned that households would see their biggest drop in living standards on record.
Mr Danker said that Mr Hunt's statement was all about fighting inflation and getting the government budget in good shape.
He said there wasn't anything there that showed the economy was going to avoid another decade of low productivity and low growth.
"Jeremy Hunt did some things which will be very welcome, but he also made businesses and everyone pay more taxes and so the fear is there just wasn't enough there to say, 'we can grow again'," he said.
I don't think he did enough and I think he will have to come back with more.
Financial markets were reassured by the Autumn Statement after the mini-budget controversy.
The tax cuts promised by Kwarteng were unfunded and caused investors to flee the country.
Mr Danker said that the tax cuts had backfired.
Relaxing immigration, regulation and planning laws are some of the proposals that need to be reconsidered.
The annual conference of the British Chambers of Commerce is set to start on Monday.
The UK economy has fallen behind other developed nations over the last decade and is expected to fall into recession next year.
Food and energy prices have gone up this year due to the war in Ukraine.
It is more difficult for small businesses to trade with Europe because of the labour supply challenges that the UK faces.
According to a report in the Sunday Times, senior government officials are looking at ways to boost growth by building closer ties with the European Union.
The paper said that the UK could move to a Swiss-style arrangement, where it paid into the EU budget to remove trade barriers, but it would not accept freedom of movement as Switzerland does.
Steve Barclay told Laura Kuenssberg that he didn't remember that story and that it wasn't going to happen.
The Autumn Statement was taken to promote growth.
The budget for research and development has been protected. Infrastructure investment is over $600 billion. Through the process of leaving the EU, we are taking advantage of our freedom.
He said the UK would use its regulatory autonomy to find new opportunities in high growth industries such as green energy.
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