UK growth may yet provide a positive surprise relative to developed market peers, according to analysts at Credit Suisse.
Bank of England governor Mervyn King has called the end of the recession in the UK and pointed to signs of growth returning to the economy.
Former deputy governor of the Bank of England Rachel Lomax has ruled herself out of replacing Mervyn King next year, saying she has "moved on" from the central bank.
The salary and pension deal for the next governor of the Bank of England is still 'undecided', the BBC has claimed.
The salary and pension deal for the next governor of the Bank of England is still 'undecided', the BBC reports.
The next governor of the Bank of England will be found in the coming months after the post is advertised for the first time on Friday.
The Bank of England's chief economist Spencer Dale has warned printing more money "might do more harm than good" and could cause harm for the future.
Jim O'Neill has publicly ruled out following in the footsteps of Mervyn King and taking on the role of governor of the Bank of England.
The Bank of England's Monetary Policy Committee (MPC) has voted to hold the base rate of interest at 0.5%.
Bank of England monetary policy committee member Martin Weale has said he would prefer a base rate cut to further quantitative easing, were the Bank to unveil more stimulus measures.