Jim Pickard

Battle lines drawn in Heathrow expansion

By Jim Pickard, Political Correspondent The expansion of Heathrow airport should go ahead in spite of any short-term fears about recession, Geoff Hoon, the transport secretary, insisted on Tuesday. During a Commons debate on...

Sterling hits 12-year low on gilts sell-off

Sterling fell to a 12-year low against a basket of currencies and briefly fell to its lowest level against the euro since the single currency was introduced amid signs that foreign investors are deserting the British assets

Now the rebels rally round 'strong leader'

08-Nov-2008

By Jim Pickard and Alex Barker Lord Desai used to be one of Gordon Brown’s most trenchant critics, claiming the prime minister was not only “indecisive” and “weak” but had been “put on earth to remind people how good Tony Blair...

Brown damps talk of early election

By George Parker and Jim Pickard Gordon Brown headed for a summit of European Union leaders on Friday strengthened by a surprise victory in a Scottish by-election which confirmed his political revival and raised the possibility...

Lenders to pass on interest rate cut

RBS, its NatWest arm, HBOS and building society Nationwide bowed to government pressure to pass on to borrowers this week's deep cut in base rates.The move came after Alistair Darling summoned the heads of the biggest retail banks