This week the Big Four UK banks — Lloyds, NatWest, Barclays and HSBC — announced pre-tax profits of £44.3 billion - an average of 66 per …
Inequality
How much could a windfall tax on banks raise?
Momentum is growing for a windfall tax on banks in the UK, with Italy this week following Spain in adopting one. But there is …
Landlords made hundreds of billions from the rising value of their properties
Landlords in England have gained over £400 billion in wealth thanks to real house price rises between 1990-2022 LONDON, 18 July …
Concerns raised over vested interests of Lords pushing for financial deregulation
London, Thursday 19th January 2023 All Peers voicing support for measures to deregulate the City have ties to financial services Debate …
Bank of England’s historic interest rate hike: Positive Money response
London, 4 August 2022 - Today, the Bank of England's Monetary Policy Committee (MPC) raised interest rates to 1.75% - up from 1.25%. This …
Rate rise a blunt tool to manage cost of living crisis
London, 3 Feb 2022 Today, the Bank of England’s Monetary Policy Committee voted to impose the second back-to-back rate rise since 2004, …
Sunak announces tax cut for banks: Positive Money response
London, 27 October 2021 Responding to the Chancellor’s announcement in the Budget that he will be cutting the surcharge tax on bank …
Which? finds one in five consumers denied right to use cash: Positive Money response
London, 11 September 2021 Responding to Which?’s findings, Simon Youel, head of policy and advocacy at Positive Money, said: “As banks …
Bank of England appoint another Goldman Sachs alum: Positive Money response
London, 1 September 2021 Responding to the Bank of England’s appointment of Goldman Sachs alumnus Huw Pill as their new chief economist, …