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Bank of England appoints Alan Taylor to rate-setting committee

Economics professor Alan Taylor has been appointed as the newest member of the Bank of England committee setting interest rates. Chancellor Rachel Reeves confirmed on Friday that Mr Taylor will join the nine-strong Monetary Policy Committee on a ...

16 Aug 2024 at 15:04

Rates should be cut three more times in 2025, says Bank policymaker

A Bank of England policymaker has said interest rates should be cut three more times in 2025 as he cautioned the inflation outlook was at greater risk of being pushed “off track” amid global trade woes. Alan Taylor, who is an external member of ...

04 Jul 2025 at 11:03

Bank of England rate-setter Alan Taylor ‘pretty concerned’ by economic outlook

A rate-setter at the Bank of England has said he remains “pretty concerned” about the economic outlook as he renewed calls to reduce interest rates further. Alan Taylor, who was appointed to the Bank’s Monetary Policy Committee last year, ...

30 May 2025 at 16:52

City

Bank of England should cut rates pre-emptively, says committee member

The Bank of England should move quickly to cut interest rates “pre-emptively”, according to rate-setter Alan Taylor. Mr Taylor, the most recently appointed member of the Bank’s monetary policy committee (MPC) said the UK is “in the last ...

15 Jan 2025 at 17:39

Bank should not rush into hiking rates in face of Iran war, says MPC member

Bank of England rate-setter Alan Taylor has said policymakers should not rush into raising borrowing costs in the face of the Iran war energy price shock, but said “all hands on deck” would be needed to navigate the current crisis. In ...

26 Mar 2026 at 17:25

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2026

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