Bank of England Governor Mark Carney told MPs he did not know when UK interest rates should start to rise.» Read More
James Knightley, U.K. economist at ING Wholesale Banking, says that the housing market is "on course for an ongoing improvement" and that the impact of the Funding for Lending scheme changes will be minimal.
Don Smith, government bond strategist at ICAP, says the Bank of England set the unemployment threshold too high.
Ashraf Laidi, chief global strategist at City Index, discusses forward guidance ahead of the European Central Bank and Bank of England's latest policy decisions on Thursday.
Ray Boulger, senior technical manager at John Charcol, discusses what impact the U.K.'s Funding for Lending scheme will have on the housing market and the economy.
Mark Carney, governor of the Bank of England, announces that the Funding for Lending scheme is to be "refocused" in 2014 away from mortgages and home loans to support businesses, especially SMEs.
Discussing whether the central banks around the world have made the best use of their "bought time," with Mark Grant, Southwest Securities. "QE helped to pull the economy up to some extent," he says.
The Bank of England's monetary policy committee has expressed uncertainties over the durability of the U.K.'s recovery.
Melanie Baker, U.K. economist at Morgan Stanley, explains that the key thing to look for in the Bank of England's minutes is a sense that a rise in interest rates "won¿t happen anytime soon."
CNBC's Helia Ebrahimi questions the Bank of England's governor, Mark Carney on mortgage approvals and the weight of the U.K.'s housing market on the economy.
Mark Carney, governor at the Bank of England, states that the Bank now expects the inflation target to be reached a year earlier than previously forecast and for the unemployment rate threshold to be hit by the end of 2015.
Stephen Gifford, director of economics at CBI, says that the optimism across several sectors and output growth shows that the UK economy is getting stronger.
Riccardo Barbieri, chief European economist at Mizuho International, discusses the U.K. economy ahead of the Bank of England's quarterly inflation report, as inflation falls to its lowest level in over a year.
Charles Goodhart, professor emeritus of banking and finance at the London School of Economics, says it would have been "outstanding" for the Bank of England to change monetary policy on Thursday given the strength of the U.K. economy.
Duncan Weldon, senior economist at the Trade Union Congress, and Andrew Sentance, former MPC external member and senior economic adviser at PwC, discuss the Bank of England's interest rate decision.
Andrew Sentance, former MPC external member and senior economic adviser at PwC, discusses the "knockouts" for a rate hike and whether unemployment is a good indicator for when to increase interest rates.
George Buckley, chief UK economist at Deutsche Bank, says that the Bank of England will most likely raise interest rates towards the end of 2015.
Roger Nightingale, Economist and Strategist at RDN Associates explains why Mark Carney isn't that best person to ask about how to fix the British economy.
Robert Wood, chief U.K. economist at Berenberg Bank, discusses the U.K. economy and expects unemployment to fall faster than the Bank of England anticipates.
Douglas McWilliams, executive chairman of the Center for Economics and Business Research, says that business sentiment is improving in the U.K. as a slow recovery takes place.
The Bank of England governor is pushing ahead with a strategic review of the central bank's resources, appointing McKinsey and Deloitte.