Tim Wallace, The Telegraph

Tim Wallace

The Telegraph

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Recent articles by Tim:

How top Treasury sacking signalled trouble ahead for Kwasi Kwarteng

Inside story: Absence of senior figures meant Chancellor's tax cutting broadside caught the markets out with 'absolutely zero warning' → Read More

Inside the IMF: the 'Brownite' global banker attacking Liz Truss

The Prime Minister has been criticised over her fiscal policies mere weeks into her tenure → Read More

Pension funds crisis forces £65bn bailout by Bank

Number 10 adamant that Chancellor Kwasi Kwarteng will not resign → Read More

How chaos in pension funds forced Bailey to step in

What the Bank's intervention in ‘dysfunctional’ markets means for pension giants → Read More

How the Bank of England is scrambling to stabilise markets

Investors were spooked by Kwasi Kwarteng’s mini-budget last week → Read More

Bank of England urged to raise rates as markets bet on 6pc by next year

Conviction is growing that policymakers will be forced to step in and stabilise the pound → Read More

Dollar surge continues as Putin’s war downgrades global economic growth

Ukraine and China's Covid policy dragging down global economy, OECD warns → Read More

Kwarteng to announce biggest tax cuts since Thatcher in push for growth

Extra spending puts Government on track for years of heavy borrowing → Read More

British millionaire numbers surge above France and Germany

Recovery in UK markets boosts ranks of the wealthy, finds Credit Suisse → Read More

Scramble to hand back old banknotes as plastic replaces paper

Bank of England warns of queues lasting over an hour to swap old money for new → Read More

Europe’s metal industry on brink of collapse from surging power prices

‘Existential threat’ forces swathes of smelters to cut production or shut down → Read More

Four ways Liz Truss can pay for a £170bn energy bill giveaway

The new PM has no easy options to meet the astronomical sum → Read More

Truss will be ‘flying blind’ without economic forecasts from OBR, warns Sunak’s campaign chief

Ms Truss could cut taxes in an emergency Budget within weeks of taking office → Read More

Bank of England expected to double interest rates as inflation soars

Experts raise their forecasts as living standards continue plummeting amid rocketing prices → Read More

How Andrew Bailey's missteps doomed Britain to high inflation lasting until 2023

Price rises accelerate faster than the Bank of England predicted → Read More

Meet the mandarin in Liz Truss’s sights as she takes on Treasury orthodoxy

Sir Tom Scholar is regarded as a ‘walking embodiment’ of the Whitehall establishment → Read More

How stealth taxes became Gordon Brown’s grimmest legacy

Frozen thresholds amid soaring inflation mean one worker in every nine pays the higher rate of income tax → Read More

Workers to suffer record wage squeeze as Britain plunges into recession

Millions of households' savings to be wiped out as inflation surges to 11pc, forecaster warns → Read More

German retail sales suffer biggest fall since 1994

Factories across eurozone go into reverse as costs hammer manufacturers → Read More

Petrol sales sink as record high prices stop people filling their cars

Petrol sales dropped sharply last month as record prices at the pumps stopped people from filling up their cars. Fuel sales on forecourts dropped by 4.3pc in June as drivers economised. Petrol reached a record high of 191.53p a litre at the start of this month, while diesel hit 199.07p a litre. Prices have since come down but remain high. The sharp drop in fuel sales outpaced an overall drop of… → Read More