The independent article has an interesting quote: “The issue is government fiscal policy is opposite to Bank of England monetary policy – so they are fighting each other. What Kwasi gives, the Bank takes away ... You cannot have monetary policy and fiscal policy at loggerheads.”
Absolutely correct. The government need to realign the BoE's inflation targets and remit, or else all the benefits of the tax cuts will be wiped out. As I have repeatedly said, interest rate rises right now are absolutely the wrong thing to do, but under its current remit, the BoE is kind of obligated to impose them. Their brief does extend to keeping inflation around 2% in the medium term however, so they have some leeway.