Peter Spence

Following yesterday's social media disaster for British Gas, Bank of England chief economist Spencer Dale is replying to questions on Twitter.

You can track the questions with #AskBoE, and we have some of Dale's replies below.

@bankofengland Why are you meeting every month when interest rates r on hold for around 2 years?

— OspreyPools (@ospreypools) October 14, 2013

#AskBoE @ospreypools Interest rates not on hold for fixed period. Depends on growth and inflation outlook. — Bank of England (@bankofengland) October 18, 2013

Should QE supported gov borrowing be a part of the GDP equation. As it gives a false impression of real output? #AskBoE — Matt (@prop_idol_) October 14, 2013

#AskBoE @prop_idol_ QE has supported real output by raising asset prices, reducing interest rates and encouraging private spending — Bank of England (@bankofengland) October 18, 2013

@bankofengland what do you expect the negative consequences to be of blowing "the biggest bond bubble in world history"(haldane)? — Cornet Thompson (@thompson_cornet) October 14, 2013

#AskBoE @thompson_cornet low rates and QE have supported economic recovery and avoided much worse outcome. Will be unwound with great care. — Bank of England (@bankofengland) October 18, 2013

@bankofengland Is total write-off of global sovereign debt even being considered? Game's changed, but playing by old rules. Restart. #AskBoE — John Anthony Booth (@JABoothView) October 14, 2013

#AskBoE @JABoothView Not obvious how you would do that without creating huge problems for asset holders — Bank of England (@bankofengland) October 18, 2013

@bankofengland do you ever polish the gold 1Kg brick in the museum? — Kevin Jones (@Realkevintjones) October 14, 2013

#AskBoE @Realkevintjones No need. It stays shiny without being polished. — Bank of England (@bankofengland) October 18, 2013

@bankofengland Does it make economic sense to leave the European Union? #askBoE — Sandbach High School (@SandbachHigh) October 15, 2013

#AskBoE @SandbachHigh UK has benefited from access to the single market, but there are many other considerations that are outside my brief — Bank of England (@bankofengland) October 18, 2013

@bankofengland Has quantitative easing had the desired effect on the economy? #askBoE — Sandbach High School (@SandbachHigh) October 15, 2013