The Bank of England is to deliver a latest forecast for the UK economy today, with any improvement could signal that interest rates may increase earlier than expected.
Experts have pencilled in a hike in the cost of borrowing from its historic low of 0.5% for the spring of next year.
Surging house prices are unlikely to have any direct effect on interest rates for the time being as the Bank of England has said it would rather use other tools at its disposal to cool a potential property bubble before having to raise rates to do so.
More top news
Ridge of high pressure will bring a short period of bright and sunny weather for many tomorrow, however later rain will arrive from the west
Almost three years after the so-called 'Trojan Horse' controversy, a leaked letter obtained by News at Ten reveals concerns remain.
Hundreds of thousands of Rohingyas fled persecution. Now they face being sent to a remote uninhabited island that floods half the year.