The Bank of England has announced this month's rate decision, which remains unchanged. Peter Chatwell, interest rate strategist at Mizuho International, gives his response, whilst discussing the sterling currency.» Read More
Bank of England governor Mark Carney, says forward guidance is working amid a wave of criticism of the governor's flagship policy.
Bank of England governor Mark Carney, says when the central bank has to raise rates it will only do so "steadily", while stimulus to the economy will need to remain "exceptional".
Philip Shaw, chief economist at Investec, says the Bank of England should make its forward guidance message simpler so people can make more sense of it.
Sir Howard Davies, chairman at The Phoenix Group, and Andrew Lilico, economics fellow at the Institute of Economic Affairs, disagree on whether the Bank of England will raise its interest rates in 2014.
The Bank of England could update its forward guidance on Wednesday as the U.K. unemployment level, to which the guidance is pegged, fell a lot faster than expected, reports CNBC's Helia Ebrahimi.
The Bank of England has left its key interest rate unchanged. CNBC's panel discusses what this means for U.K. monetary policy.
Ross Walker, senior U.K. economist at RBS, says the U.K. has enough short-term momentum to maintain its growth pace over the next year but warns that underlying structural issues remain.
Thanos Vamvakidis, head of European G10 FX strategy at BofA Merrill Lynch Global Research, says the Bank of England's Mark Carney has not lost credibility through forward guidance and has overseen an economic recovery.
Marc Ostwald, strategist at Monument Securities, and Jeremy Stretch, head of FX strategy at CIBC, discuss Bank of England governor Mark Carney's message to Scotland.
If Scotland becomes independent and keeps the British pound, the Bank of England would "simply implement whatever monetary arrangements" were negotiated, says Mark Carney, governor at the Bank of England.
The British economy recorded its fastest annual growth rate since the start of the financial crisis in 2013, the latest official figures have shown.
U.K. finance minister George Osborne says he "completely rejects" that forward guidance is a failure, as the Bank of England nears its 7 percent unemployment threshold to consider hiking interest rates.
The Bank of England will not be "railroaded" into lifting interest rates early, said Roger Carr, the chairman of BAE Systems.
Robert Wood, chief U.K. economist at Berenberg Bank, says it would be a "huge mistake" if the Bank of England changed its forward guidance.
The Bank of England's governor Mark Carney expressed concerns about capping bankers' bonuses, just hours after U.K. Prime Minister David Cameron said cash bonuses at the Royal Bank of Scotland would be limited to £2,000 ($3,284).
Alan Clarke, director for fixed income strategy, banking and markets at Scotiabank, discusses Carney's comments on the U.K's housing market and forward guidance.
Philip Shaw, Chief Economist, Investec says the housing recovery in the U.K. is broadening out.
Robert Wood, chief UK economist at Berenberg UK, highlights that U.K. inflation numbers are "bang on target" and that the Bank of England should therefore hike its rates within the next six to twelve months.
Bill O'Neill, head of CIO wealth management research U.K. at UBS, discusses the challenges facing the Bank of England as it moves towards it's 7 percent unemployment threshold.
Adam Posen, Peterson Institute for International Economics president, discusses the challenges for the European Central Bank and growth prospects for the euro zone.