Interest rates are "likely to remain low for some time" but the UK has "edged closer" to a rise, Bank of England Governor Mark Carney told ITV News' Economics Editor Richard Edgar.
He added that "today is not the day" to rise interest rates and the exact timing of the first rise "will be a product of the evolution of the economy".
More top news
Northern and Western areas keep best of sunshine in next few days.
Harambe the gorilla was shot and killed in order to rescue a four-year-old who had fallen into his enclosure.
Merve Buyuksarac, who was crowned Miss Turkey in 2006, was handed a 14-month suspended sentence for sharing a satirical poem on Instagram.