Anna Pick

Bank of England confirms plans to incorporate climate into asset purchases: Positive Money response

16 October, 2020
A senior Bank of England official announced today that the Bank is seeking the Treasury’s backing to incorporate climate risk into its asset purchases over the coming year. Responding to the news, research and campaign group Positive Money said that progress so far has been worryingly slow, and urged the Chancellor to update the Bank’s [...]

Government must do more to relieve small businesses of unsustainable debt

9 October, 2020
Chancellor Rishi Sunak announced today that businesses affected by local and national restrictions can now claim cash grants of up to £3000 per month. Fran Boait executive director of Positive Money, said: “Grants rather than more debt is the right way to help small businesses through this crisis. However, there is a risk that this [...]

Positive Money pushes the government to move faster on greening the post-Covid recovery

2 October, 2020
Giving evidence to the Environmental Audit Committee last week, Positive Money Executive Director Fran Boait told MPs that the Bank of England and the Treasury have missed a golden opportunity to green the post-Covid recovery. She explained how the Covid-19 response is failing to protect jobs and deliver on the green transition, and put forward [...]