The January 2015 Hydrological Outlook has now been published.
There is currently no strong indication of river flows or groundwater levels being substantially above- or below-normal in early 2015. For both the one and three month outlook, the most likely outcome is for normal river flows and groundwater levels to dominate across the UK. Above-normal flows and levels are likely in some localised areas, but there is no strong indication of these conditions being widespread; meteorological forecasts slightly favour above- rather than below-average rainfall over the next three months, but there is a wide range of uncertainty in these projections.
The full summary can be found here and you can register here to receive email notification of when the Outlook is published.
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