David Clarke
Andrew Bailey announces crucial step towards climate-friendly Bank of England
6 March, 2020The Bank of England is set to take an important step forward in its response to climate change, after incoming governor Andrew Bailey told MPs he intends to exclude fossil fuel assets from its quantitative easing programme - a key demand from campaigners. He was responding to a question about an open letter we coordinated [...]
Andrew Bailey named as next BoE governor: Positive Money response
20 December, 2019Responding the appointment of Andrew Bailey as Bank of England governor, David Clarke, head of policy at Positive Money said: “We congratulate Andrew Bailey on his appointment as Bank of England governor. He will guide the Bank through a period of profound change, as the financial system adapts to a world shaped by the climate [...]
Huge majority wants government to protect free cashpoints – Positive Money poll reveals
6 December, 2019LONDON, 6 December 2019 – New polling from the campaign group Positive Money has today revealed a near-universal desire for the next government to take action to stop the ongoing closure of free-to-use cash machines, which are being lost an unprecedented rate. The poll of 1,672 adults from across Great Britain, commissioned by Positive Money [...]
Cash machine closures: campaigners target battleground seats in worst-affected areas
28 November, 2019LONDON, 28 November 2019 – Campaign group Positive Money will from today mobilise hundreds of activists in the constituencies worst-affected by the closure of free-to-use cash machines, in an effort to force the issue onto political parties’ agendas ahead of the election. Research by the group, also published today, reveals that 41 of the hundred [...]
Chancellor Sajid Javid continues to defend secrecy over Bank of England appointment
6 November, 2019In September, Positive Money coordinated a joint letter from a cross-party group of MPs calling on the government to publish the shortlist of candidates to be the next Bank of England governor. We argued that doing so would ensure greater public trust in the appointment process. The letter received widespread media attention and has now [...]
Treasury fails to increase transparency over BoE governor appointment
11 September, 2019This week we published a joint letter, coordinated by Positive Money and signed by 28 cross-party MPs, calling on the chancellor to publish the shortlist for the next Bank of England governor. The letter has been covered in Bloomberg, Yahoo News, Financial News and The Times among other places. The letter argues that publishing the [...]
Government publishes green finance strategy: Positive Money response
2 July, 2019Responding to the announcement in today's green finance strategy that the government will consider requiring listed companies and pension firms to publish climate impact reports, Positive Money’s director Fran Boait said: “With a small window of time to decarbonise the economy, there is a need to rapidly shift lending and investment out of risky fossil [...]
Cash machine charges will hit poor hardest: Positive Money comment on free ATM closures
1 May, 2019Responding to research by Which? showing that 1,700 ATMs switched to charging in the first three months of 2019, David Clarke, head of policy at Positive Money said: “The shocking trend of free cash machine closures will only accelerate unless the recent cuts to the amount banks pay to maintain Britain’s ATM network are reversed. [...]
Bank of England pension scheme responds to our letter, pledging to report on climate risk
26 April, 2019Last week heralded a major breakthrough in how the Bank of England is responding to the risks posed by climate change. Governor Mark Carney announced that the Bank will disclose how financial risks from climate change are managed across its entire operations. Significantly, the Bank has also committed to disclose how it manages the climate [...]