The Bank of England's latest monetary policy meeting shows that they will keep their interest rate at 0.5 percent. Adam Cole, head of currency strategy at RBC weighs in, adding that the next "stumbling block for U.K. policies" will be wage negotiations.» Read More
Bank of England Deputy Governor Paul Tucker will stand down later this year, giving the Canadian an early chance to start reshaping the BoE's upper echelons.
Chris Williamson, chief economist at Markit, says the U.K. is "gathering momentum" following the release of manufacturing and industrial output numbers and expects GDP to reach 0.5% in the current quarter.
The Bank of England voted to keep benchmark interest rates unchanged at 0.5 percent, at Mervyn King's final policy meeting as Governor.
Allister Heath, editor at City AM, highlights that the BoE's voting system could make it harder for Mark Carney to make changes and says the recent data proves that "it's an important moment" for the U.K.'s economy.
Andrew Lilico, director and principal at Europe Economics and Jonathan Portes, director of NIESR, say the U.K. doesn't need any more monetary stimulus and discuss alternative ways to boost the economy.
CNBC's Tom Mackenzie, looks back on Sir Mervyn King's career at the Bank of England and his role during the financial crisis.
Lord John McFall, former labour minister and chair of the Commons Treasury Select Committee, says the "financial architecture" is not to blame for the crisis but the lack of "engagement" and "judgment" by individuals is.
Charles Goodhart, a close colleague of outgoing Bank of England Governor, Mervyn King, tells CNBC that he was not a tyrant but a perfectionist.
Charles Goodhart, a former member of the Bank of England's Monetary Policy Committee, says outgoing governor, Mervyn King, should have "shouted louder" about the dangers brewing in the banking sector.
Steven Saywell, European head of FX strategy at BNP Paribas, discusses sterling following better-than-expected services PMI and whether central bank stimulus has peaked in the U.K.
Europe's economic woes eased slightly last month, but a chronic shortage of new orders means an economic recovery in the euro zone still looks some way off.
Outgoing Bank of England governor Mervyn King says he regrets putting his career before his personal life, speaking on the BBC's Desert Island Discs he also revealed he will now take a 'grey gap year' and learn how to dance.
David Kern, chief economist at the British Chambers of Commerce, tells CNBC why the worst thing, incoming Bank of England governor, Mark Carney can do is more quantitative easing.
Chris Giles, economics editor at The Financial Times, discusses the upcoming Bank of England interest rate decision, which will be Mervyn King's last.
Outgoing Bank of England governor Sir Mervyn King is to appear on BBC Radio 4's Desert Island Discs on Sunday. He will be asked to choose various items he would like to have with him if he was stranded on a desert island.
James Bullard, president and CEO of St. Louis Federal Reserve Bank, says the Fed has learnt from the Bank of England's "ruled-based" policy but that the on "forward guidance", it hasn't been as good as the Fed.
Ben Broadbent, member of the Monetary Policy Committee at the Bank of England, tells CNBC they are not pre-committed to any particular path at the Bank of England and there's still a case for having extremely easy monetary policy.
Ben Broadbent, member of the Monetary Policy Committee at the Bank of England, tells CNBC that Japan is in the midst of a big monetary experiment, so volatility in equity and bond markets should be seen in that context.
Lothar Mentel, chief investment officer at Tatton Investment, says the weak economic figures and low inflation globally are supportive of further central banks' action.
Bill O'Neill, head of chief investment at Wealth Management Research, UBS, talks to CNBC about the changeover of leadership in the Bank of England and the state of the British economy.