Over the last three months, UK bank shares have enjoyed a strong rally, helped by the ECB's and US Federal Reserve's liquidity moves.
Richard Colwell, manager of the Threadneedle UK Equity Income fund, discusses the current state of the UK market and the outlook for the next 12 months.
The Bank of England has held interest rates at 0.5% for the 43rd consecutive month and kept its bond purchase target at £375bn.
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.