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But the minutes said household spending was still under pressure and the UK could be vulnerable to instability in the eurozone.
But he added: "The MPC's forecast for unemployment is optimistic, and while we expect growth to strengthen over the next few years, it is unlikely to be as rapid as the MPC expects. Boris Johnson says he hopes crash death suspect Anne Sacoolas will return to the UK after leaving the country. Bank of England says UK in sustained recovery 20 November Image caption The Bank has pledged to keep rates low until unemployment falls The UK is in a sustained recovery and does not face major inflation risks, Bank of England policymakers have said.
Last week, the bank said unemployment could fall faster than predicted. The committee said there were uncertainties over the "durability" of the recovery. UK Economy.
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DUBLIN, Aug 28 Reuters - Home improvement and building supplies group Grafton said recovery in Britain, its main market, is likely to be sustained, while the Irish market is showing the first tentative signs of recovery from a long slump. Grafton has weathered the collapse in housebuilding in Ireland through an expansion in Britain, which now accounts for over 90 percent of its profits.
The third-largest building merchant in Britain said on Wednesday it was considering moving its listing from Dublin to London.
It posted a 17 percent rise in underlying operating profit to Sharp house price rises in Dublin are driving a recovery in the Irish property market and highlighting a lack of supply in the capital.