BoE's Walton sees more confidence in economy

Bank of England Monetary policy Committee member David Walton was quoted on Friday 12 May as saying that policymakers are confident that the UK economy has clearly emerged from a soft patch early last year.

Walton was quoted in the Northern Echo regional newspaper as saying that there were also encouraging signs that manufacturers were seeing a pick-up in orders.

"I think we have a clearer picture of the economy than we did a few months ago," Walton said in the newspaper article.

"Through the fi