UK CPI inflation dropped to 2.2% in October, a larger-than-expected fall that sent sterling to a two-month low against the dollar.
The Bank of England is expected to raise its growth forecast for the UK to 3% following the strong recovery the country has seen.
The UK will be the fastest-growing Western economy next year, according to a survey by accountancy firm Grant Thornton.
Lazard Asset Management's UK business has seen profits fall sharply by 75% in 2012 following a rise in outflows as well as a jump in costs.
LIFE AFTER WOODFORD
The country's top rate of tax has dropped from the fifth to 11th highest in the European Union, according to KPMG.
The International Monetary Fund has upgraded its growth forecast for the British economy amid what it called ‘welcome signs' of a pick-up in activity following the global crash.
The recovery of the British economy is now "sustainable and self-confirming", according to David Miles, an external member of the Monetary Policy Committee.