Responding to Bank of England deputy governor Jon Cunliffe's warnings about household debt this morning, Fran Boait, executive director of …
Poverty, Debt and Inequality
Time Up For Austerity
Nearly a decade of austerity has put the UK economy in a sorry state. Wages have grown at their slowest rate since the Napoleonic Wars. …
Bank of England Working Paper Considers Monetary Policy’s Effect on Inequality
Ever since the Bank of England embarked on its £445 billion quantitative easing programme and cut interest rates to record-low levels, it’s …
Latest wealth data shows disproportionate gains between the richest and poorest since QE
An analysis of new wealth data by Positive Money illustrates the disproportionate gains between the richest and poorest in the era …
‘Escaping Growth Dependency’ report launched in parliament
MPs discuss the role of the money and banking system in fuelling climate change through excessive debt LONDON, 18th January 2018 - …
Money creation and inequality – an underexposed topic
This blog post, written by Lino Zeddies from German campaign group Monetative, was originally published on the International Movement for …
Official data shows richest gained over £300,000 each in era of QE
Same dataset used by Mark Carney to claim “poorest have gained the most” from QE shows wealthiest have gained nearly 200 times …
UK Household Debt has Reached Unsustainable Levels (Video)
Consumer and student debt in the UK have reached unprecedented levels and are a warning that austerity could lead to a new financial crisis, …
Inflation rises and living standards fall: how can the Bank of England respond?
Most recent figures suggest that consumer prices are increasing, while average wages are stagnating – meaning that people across the country …