Alan Taylor, an external member of the Bank's Monetary Policy Committee (MPC) said a series of radical cuts could be on the ...

Fears over a recession could see the Bank of England cut interest rates five or six times this year, according to one of its own experts. Alan Taylor, an external member of the Bank's Monetary Policy ...

Alan Taylor, an external member of the Monetary Policy Committee, said on Wednesday that the BoE’s “gradual” approach to rate reductions implied four quarter-point cuts by the end of 2025, taking the ...

Bank of England policymakers voted 6-3 to keep interest rates on hold on Thursday, a bigger split than economists had predicted as officials disagreed over how to respond to a slowing economy that ...

The Bank of England kept interest rates unchanged in its December meeting. However, three monetary policy committee members ...

The Bank of England (BoE ... The vote split revealed rising tensions within the committee. External member Swati Dhingra, a consistent advocate for rate cuts, was joined by Deputy Governor ...

The Bank of England (BOE ... and Alan Taylor – the BOE’s newest rate-setter – switched sides to join Swati Dhingra in advocating a cut. The scale of support for a quarter-point move was ...

Interest rates were only cut twice in 2024 with base rate falling from a high of 5.25 per cent to 4.75 per cent. Will the ...

If this week’s update to the consumer prices index shows inflation is up by more than 3 per cent, it’s all over for Rachel Reeves, predicts James Moore ...

Despite inflation continuing to be a headache for the Bank of England ... Analysts had expected only arch-dove Swati Dhingra to vote for a cut, but she was also joined by deputy governor Dave ...