Economic growth in the UK is "becoming more broad-based", complete with "solid increases" in investment, a senior member of a powerful business lobby has said.
CBI deputy director-general Katja Hall said:
The UK economy is performing strongly thanks to rising business and consumer confidence, better credit conditions at home and improving global economic conditions.
What's encouraging is that growth is becoming more broad-based, with solid increases in business investment over the past year. This bodes well for the year ahead.
But there are risks to the UK's outlook from global developments, including the possibility that the situation in Ukraine and Russia could impact on global commodity prices.
More top news
Liverpool edged an epic penalty shootout to beat Middlesbrough and progress to the fourth round of the Capital One Cup.
The world famous musical, which has been running on Broadway since 1997, has broken records earning more than £2.8 billion.
There will be wet weather around tonight with rain drifting from north to south which will lead to scattered showers tomorrow morning.