The dollar edged upward after a jump in U.S. home sales data lifted expectations Federal Reserve policymakers may soon hike interest rates.» Read More
CNBC's Helia Ebrahimi discusses the challenges facing the Bank of England as it gears up for its monetary policy meeting on Thursday, and whether the central bank will vote for an interest rate hike.
CNBC's Catherine Boyle discusses the release of minutes detailing how the Bank of England coped in the credit crisis.
John McFall, former chairman of the House of Commons Treasury Committee, says that neither U.S. or European regulators were aware of the financial crisis before it happened, so it is no surprise that the Bank of England did not see it coming.
The Bank of England's senior executives were guilty of complacency in the run-up to the country's credit crisis in 2007, new documents reveal. CNBC's Catherine Boyle reports.
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.
Discussing the Bank of England's stress test results, Howard Shore, founder & executive chairman at Shore Capital, says that banks like Lloyds and RBS should be cutting costs to make a good return on capital for shareholders.
Andrew Bailey, deputy governor for prudential regulation at the Bank of England and CEO of the Prudential Regulation Authority, says the U.K.'s banking system can withstand "severe shock" after the stress tests.
Andrew Bailey, deputy governor for prudential regulation at the Bank of England and CEO of the Prudential Regulation Authority, discusses the biggest risks facing the British economy.
Mark Carney, governor of the Bank of England reflects upon the current situation with Russia and how it impacts England's banking sectors.
Mark Carney, governor of the Bank of England reflects upon the Bank of England's stress test and discusses their findings, in today's press conference.
The BoE stress tests demonstrate that banks aren't at risk of going bust, yet they are still "un-investable businesses" for clients says Max King, portfolio manager at Investec Asset Management.
John McFall, former chairman of the House of Commons Treasury Select Committee, says too big to fail is still an issue for British banks following the Bank of England's stress tests.
Co-operative Bank has failed a key test of how it would perform in a financial crisis by the Bank of England. CNBC's Helia Ebrahimi discusses the results and what it means for Britain's banks.
The Bank of England held its benchmark interest rate at a record low on Thursday, prompted by feeble wage growth and stagnation in the euro zone.
The Bank of England held its base rate unchanged at 0.5 percent.
Geoffrey Yu, FX strategist at UBS, says he likes sterling in the short term but an "adverse" outcome in a referendum on EU membership would create worries for the currency.
CNBC's Pauline Chiou takes you through this week's key risk events.
Dean Turner, UK economist and macro strategist, CIO at UBS Wealth Management says that he expects that the Bank of England will raise UK interest rates around August 2015.
Robert Wood, U.K. economist at Berenberg Bank, says he expects to see a fall in petrol and food prices in the U.K., and warns that inflation could fall to 1 percent in coming months.
Repeated scandals at banks' trading desks show the sector's compensation must be regulated to stop encouraging misconduct, BOE Gov. Mark Carney said.