Bank of England's positives on UK

Excerpts from Bank of England's  Inflation Report May 2015

"Population growth is likely to have been robust in the past few years, reflecting stronger-than-expected net inward migration.

Population growth is assumed to remain strong in the near term

The unemployment rate has fallen substantially over the past two years  although the proportion of those out of work for more than a year remains elevated.

Average hours worked have continued to increase over the past two years. Signs of underemployment remain, with average weekly hours worked still below the hours people, on average, report that they would like to work. There is evidence to suggest that people may be satisfied with smaller increases "

Staying away from the problems of Europe seems conducive to UK Growth. 

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