Pill says the need for such caution "points to a gradual withdrawal of monetary policy restriction".

58% of those at senior levels are from a higher socio-economic background, compared with 45% at junior levels.

The Awards programme recognises the work of marketing within the intermediary space.

Bailey says the Bank could be a “bit more activist” if inflation continues to ease.

New sales agreed are 25% higher than a year ago as buyers return to the market.

Michael was previously COO at Cynergy Bank.

She succeeds Marshall Bailey, who is stepping down after two terms as FSCS chair.

The acquisition will include Tavistock Partners alongside the Abacus and Duchy brands.

The acquisition has created the second largest provider of mortgages and savings in the UK.

Northern Ireland is the best performer, with prices up 8.6% in Q3.