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The Latest Breaking News from Alan Taylor

Bank rate-setter Taylor urges ‘extended hold’ for interest rates

However, he added that the Bank should look at possible cuts if the conflict in the Middle East calms and energy prices sink.

Evening Standard

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

Alan Taylor said the current energy price shock and impact on inflation and growth would require a ‘full effort’ from Bank policymakers.

Evening Standard

BoE delivers message Britons don’t want to hear as inflation – and rates – look set to rise

Decision to hold interest rates is backed by gloomy assessment of economy as Iran war pushes up oil prices

The Guardian - UK

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Why an Iran war inflation shock could wreck global economic recovery

Central bankers and economists warn prolonged conflict could raise retail prices and rip up growth forecasts

The Guardian - UK

US tariffs are ‘here to stay’, warns Bank of England rate-setter

Alan Taylor indicated that tariffs could lead to shockwaves across the economy for ‘many years’.

Evening Standard

Why the Bank of England is holding rates despite a weakening economy

Rising unemployment and falling inflation made a strong case for a cut but Andrew Bailey opted to wait and see

The Guardian - UK

Cheap Chinese imports to help drive inflation to target, says Bank rate-setter

Alan Taylor sees inflation hitting the Bank’s 2% target by the middle of the year.

Evening Standard

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FTSE 100 slips amid Bank of England rate hold and fresh US falls

The FTSE 100 Index closed down 41.30 points at 9,735.78.

Evening Standard

Bank of England says UK inflation has peaked after leaving rates at 4%; US job cuts jump as firms turn to AI – as it happened

Economists predict UK rate cuts in December, after narrow vote to hold Bank Rate at 4% today

The Guardian - UK

‘Rising’ risk UK economy will fall into negative growth, says Bank’s Taylor

The rate-setter said he thinks the likelihood of a ‘soft landing’ following the recent uptick in inflation is now receding.

The Independent UK

VIP lanes and 25m faulty gowns: what PPE Medpro trial reveals about Tory response to Covid

Case against Michelle Mone-linked company showed pressure to award contracts to those with political connections

The Guardian - UK

Stocks mixed but pound up after Bank of England rate cut

The FTSE 100 index closed down 63.54 points, 0.7%, at 9,100.77.

Evening Standard

UK interest rates slashed to lowest level in two years

UK interest rates have been cut to their lowest level since March 2023, despite the Bank of England predicting a sharp rise in inflation amid…

The National (Scotland)

Bank’s base rate gift signals wage rise conflict is on the way

In their economic outlook the rate setters see a threat from rising prices of food, energy and business services

The Guardian - UK

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The Independent UK

Interest rates cut to 4% as UK inflation picks up

The cut came after the Bank’s rate-setting committee was forced to take a second vote for the first time in its history.

The Guardian - UK

Fall in UK GDP puts focus back on expectations of tax rises in autumn budget

Depressing data comes as Rachel Reeves and her team were daring to hope business confidence was recovering

Evening Standard

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

Monetary Policy Committee member Alan Taylor flagged a ‘deteriorating outlook’ in the UK economy as trade woes mount.

The Independent UK

With 'Atmosphere,' Taylor Jenkins Reid leaves the Evelyn Hugo-verse behind and travels to space

Taylor Jenkins Reid loves to research before writing

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The Guardian - UK

Inflation data shouldn’t deter us from rate cuts, says Bank policymaker

Alan Taylor voted for a 0.5-point cut last month and feels recent economic figures are led by one-off factors

Evening Standard

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

It came as the Monetary Policy Committee member indicated he hopes for a path to ‘lower’ interest rates.

The Fashion Central

Trump’s Global Trade War Hits the UK—Here’s How It Could Impact Your Wallet

Donald Trump launched a trade war yesterday, as the US President activated his 25 percent steel and aluminum tariffs.

Evening Standard

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

Alan Taylor, the most recently appointed member of the Bank’s monetary policy committee (MPC) said the UK is ‘in the last half mile on inflation’.

The Independent UK

Edie Falco opens up about cut Carmela Soprano scene she had filmed for The Many Saints of Newark

Carmela Soprano star was ulimately cut from the divisive prequel film

The Guardian - UK

Critic of Osborne’s austerity policy joins Bank of England rate committee

Alan Taylor takes three-year term on Bank’s monetary policy committee and replaces Jonathan Haskel

Salon

Who pays the cost when "Dragon" dances

George R.R. Martin's book title promises destruction. This episode might make us regret wishing to see it

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