The UK economy is heading in the right direction but there are a "number of years to go" before a full-blown recovery can be called, Bank of England (BoE) chief economist Spencer Dale has said.
Macro data was at the forefront of investors' minds this week, after a surprise drop in UK inflation sent the pound lower.
The Bank of England is expected to raise its growth forecast for the UK to 3% following the strong recovery the country has seen.
The Bank of England's (BoE) Monetary Policy Committee (MPC) has voted to maintain UK interest rates at their historic low of 0.5%.
The Chancellor George Osborne is expected to step back from plans to break-up the Royal Bank of Scotland (RBS) amid an expected outcry from some shareholders.
Bank of England Governor Mark Carney has promised to keep interest rates lower for longer, ahead of the release of UK GDP growth data for the third quarter.
Mark Carney, the new Governor of the Bank of England, is pushing ahead with a strategic review of the institution's resources and priorities, just three months in to the job.
The Bank of England (BoE) could increase interest rates a "fair amount" without hurting homeowners taking advantage of the government's Help to Buy scheme, according to one of its policymakers.
Over the past few weeks, you may have noticed excited talk of a UK housing bubble.