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Kate Barker


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Bank's Barker sees some optimism among business

LONDON (Reuters) - Business sentiment in some parts of Britain is more buoyant than in areas that rely on the financial sector, Bank of England policymaker Kate Barker told a regional newspaper in an article published on Saturday.

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Hopes of interest rate cut rise as Kate Barker acknowledges dangers facing economy

Hopes of a cut in interest rates before Christmas were boosted yesterday as a key member of the Bank of England's Monetary Policy Committee said that the toll from recent financial turmoil had intensified the dangers facing the economy. Kate Barker told business leaders in the North West that the credit crunch is proving more serious than initially expected and the escalating financial...

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Bank's Barker says financial turmoil poses economic dangers

LONDON (Reuters) - The credit squeeze has been more serious than initially expected and the latest escalation of tensions poses downside risks to both the economy and inflation, Bank of England policymaker Kate Barker said on Thursday. Speaking to business leaders in the north-west of England, Barker said it was hard to judge what the final scale of the shock to the economy would...

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In these times of crisis, is Bank of England's MPC up to the job?

... Bank that its monetary policy committee will be perceived as fiddling while Rome burns. MPC member Kate Barker said business sentiment in some areas was "cautiously optimistic". Andrew Sentence, another member, said the state of the economy was "very different to major recessions we have previously seen… (when] economic activity fell sharply for one to two years … in my view, the...

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In these times of crisis, is Bank of England's MPC up to the job?

... Bank that its monetary policy committee will be perceived as fiddling while Rome burns. MPC member Kate Barker said business sentiment in some areas was "cautiously optimistic". Andrew Sentence, another member, said the state of the economy was "very different to major recessions we have previously seen… (when] economic activity fell sharply for one to two years … in my view, the...

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ALEX BRUMMER: Old Lady urged to 'cut rates to avoid slump'

... including the deputy governor Sir John Gieve, who is in charge of financial stability, and Kate Barker - who as former CBI economist is in close touch with industry - have indicated that their views on interest rates are softening. The main factor holding back the Bank of England has been fear of surging inflation. But in recent weeks the cost of oil has come off its highs, commodity...

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Bank’s stark warning lifts hopes for a base rate cut

Kate Barker, a member of the Bank of England’s Monetary Policy Committee, warned yesterday of “real dangers” that the latest roubles in global financial markets would trigger an “unnecessarily large” UK economic downturn.

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Three speeches from the Bank

All eyes have been on Washington, and the $700 billion rescue package. Closer to home we have had three speeches from monetary policy committee members this week - Kate Barker, Andrew Sentance and Sir John Gieve. The general sense from...

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MPC member defends inflation measure

A change in the Bank of England's CPI inflation target to one which measures only domestic costs will not achieve its goal of a greater degree of overall economic stability, said Kate Barker, a member of the Bank's Monetary Policy Committee, in remarks interpreted as making a rate cut less likely

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MPC 'swing voter' hints at continued accent on inflation

A KEY "swing voter" on the Bank of England's rate-setting committee yesterday expressed fears over the continued threat of inflation, dealing a blow to hopes of im

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Britain: The Economic Fallout

... the affluent London neighborhoods of Battersea and Wandsworth, known as "Nappy Valley." Director Kate Barker says the credit crunch has led to a drop in demand for maternity nurses, who provide 24-hour care for newborns at a cost of up to $2,000 a week. At the same time, Barker is fielding calls from worried nannies who say the parents they work for are getting laid off and...

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Warning over impact of economic slump

BRITAIN could be heading for an "unnecessarily large" economic downturn as troubles deepen in the global financial market, it was claimed today.