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Ross Walker

Latest articles

Services boom is a quandary for the Bank of England

04.11.09

Britain moved a step closer to the end of recession today as the Bank of England grappled with how to secure a lasting recovery... more

King under further fire after Bank vote revolt

19.08.09

Bank of England governor Mervyn King was under mounting pressure after it emerged he was defeated in a rare revolt on Threadneedle Street over how to deal with the recession ... more

City 'experts' are left looking foolish by huge dive

24.07.09

City economists scrambling to rewrite forecasts for the year after a shocking decline in second-quarter output that none of them managed to predict... more

Double blow to Brown on jobs and the economy

30.06.09

Figures revealing a longer and deeper recession plunged Gordon Brown’s election strategy into new doubt... more

Bank of England damps down talk of a rate rise

17.06.09

The Bank of England made it clear that interest rates are unlikely to move upwards any time soon... more

Rare triumph for Gordon Brown on best industry figures in a year

10.06.09

The UK economy was given a fresh boost after industrial production rose for the first time in more than a year ... more

Alistair Darling’s fantasy Budget exposed

24.04.09

Alistair Darling's key economic forecast in Wednesday’s Budget is destroyed by official figures... more

Bank backs up its rate cut with bleak economic picture

05.02.09

Economy: The Bank of England justified its half-point interest rate cut to 1% by warning that the British economy would keep declining sharply in the coming months... more

Brown to meet US federal bank expert on printing more money

08.01.09

Gordon Brown will meet America's Federal Reserve chief next week amid speculation he may print more money to counter the recession in Britain... more

Bank faces calls to cut full percentage point

06.01.09

Economy: Pressure mounts on the Bank of England to cut interests rates by a full one percentage point when its monetary policy committee concludes its meeting on Thursday... more

Pound slides closer to euro as economic confidence slumps

19.12.08

Economy: Sterling was on the slide yet again as it moved ever closer to parity with the euro... more

Rates pointer as Oz cut is bigger than expected

04.11.08

Australia's central bank has cut its benchmark interest rate by a larger-than-expected three-quarters of a point, adding to expectations that the Bank of England and European Central Bank will also make reductions... more

Jobless figures now set to top 3m

15.10.08

Economy: Unemployment has jumped at its fastest rate for 17 years and looks set to top three million... more

Rate cuts forecast on King view inflation is peaking

16.09.08

Interest rates will be slashed to 3.5% from 5%, City economists forecast today, as the Governor of the Bank of England said inflation should fall next year amid fears of a stalling economy... more