LONDON (Thomson Financial) - The Bank of England is likely to slash interest rates four times next year in response to a sharp slowdown in growth, The Sunday Times reported citing economists. The first cut could come as early as next month, following the Monetary Policy Committee's unanimous decision to cut the Bank rate from 5.75 pct to 5.5 pct earlier this month. Four cuts would take the rate to 4.5 pct, the level at which the Bank started to raise rates in August last year, the newspaper said. The prediction of four rate cuts next year comes in new reports from the Centre for Economics and Business Research (CEBR) ... (full story)