MPC

Three former members of the Bank of England's rate-setting Monetary Policy Committee (MPC) have suggested interest rates could rise sooner than expected.

Kevin Doran, manager of the Brown Shipley Sterling Bond fund, identifies three issues facing the sterling corporate bond market this year

The Governor of the Bank of England has indicated his policy of linking interest rates to unemployment could be scrapped less than six months after its creation.

The Bank of England has again moved to temper expectations of an early rate rise, despite the UK unemployment rate dropping to close to the crucial 7% mark this morning.

The Bank of England's (BoE) Monetary Policy Committee (MPC) has voted to maintain UK interest rates at their historic low of 0.5%.

ECONOMIC OUTLOOK

The recovery of the British economy is now "sustainable and self-confirming", according to David Miles, an external member of the Monetary Policy Committee.

Neil Staines, head of trading for the ECU Group, assesses the impact of recent global policies on currency markets.

Sterling rose against other major currencies this morning after the minutes from Monetary Policy Committee (MPC) meeting showed most members backed Mark Carney's forward guidance policy on interest rates.

Bank of England Governor Mark Carney will this week set out his long-awaited strategy for interest rates with a set of policies designed to reassure borrowers rates will stay low for many months to come.