Peston questions whether the Bank Of England can maintain its independence

It is worth reading Robert Peston's blog as he talks about the the threat to the Independence of the bank of England as the recession continues.

Its Independence was the plank on which new Labour laid the economic growth of the past ten years but according to Peston,

Can the Bank of England's autonomy over monetary policy, its independence
from political interference, be sustained as the Bank Rate approaches
zero?

He argues that

the Bank of England is about to start using measures other than movements in its policy interest rate to influence the interest rates actually paid by businesses and households and to increase the stock of money in the economy.