"Accusations can be levelled at any group that is put together to mirror the outcomes of a government body that it is easy to be controversial or radical when there are no consequences.

However, the shadow MPC that is supported by the Times newspaper voted 9-0 in favour of ending QE early, with £50 billion of Treasury Bonds still to be purchased as part of the programme.

The committee, which is made up of well renowned economists and former members of the MPC, believes that ending support now would provide adequate notice for the beginning of rate increases that will be needed to keep inflation in check.

Accusations can be levelled at any group that is put together to mirror the outcomes of a government body that it is easy to be controversial or radical when there are no consequences.

Some members went as far as suggesting a 0.25% increase in rates immediately, as well as the end of QE.

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