David Clarke
Stop the RBS sell-off! Sign our petition to Philip Hammond
14 February, 2019Today we’re releasing poll results which show that only a fraction of people support the Government’s plans to sell off RBS in the near future. (You can read the Guardian’s coverage here.) Selling RBS would represent a huge missed opportunity to help reform Britain’s banking sector. Before RBS releases its annual results tomorrow, we’re launching [...]
Financial regulators finally act on climate change but must go further, faster
6 February, 2019The UK’s financial regulators are finally taking action to address the profound risks that climate change poses to the firms they supervise, and the system they oversee. But in our response to the Financial Conduct Authority’s recent climate change discussion paper, we argue they must rapidly accelerate their efforts before it’s too late. As a [...]
MPs echo Positive Money’s call to give regulator new powers to protect cash
19 December, 2018The pressure is growing on the Government to prevent the rapid pace of cash machine closures, which are continuing at a rate of hundreds every month. Earlier this month, MPs challenged Treasury minister John Glen to do more to stop consumers losing access to their money. A debate organised by Labour's Ged Killen featured MPs [...]
Interim report from the Access to Cash review: Positive Money response
19 December, 2018Responding to an interim report released on Wednesday from the Access to Cash review which warned about the dangers of the UK "sleepwalking" into becoming a cashless society, Positive Money’s Head of Policy David Clarke said, “This report clearly illustrates how the ongoing closure of ATMs and bank branches could leave millions of people without [...]
One step closer to Digital Cash
6 November, 2018We just moved one step closer to seeing Europe’s first general-use central bank digital currency, which could be implemented as soon as 2021. Sweden’s central bank, the Riksbank, has published an action plan for the next stage of the ‘e-Krona’ project. The e-Krona would be an electronic means of payment for use by households and [...]
War on cash: worrying new data
18 October, 2018New data released last week reveals that the disappearance of cash machines is continuing at a rapid pace. A total of 1,400 closed in the six months between January and August 2018, and Positive Money has found that some parts of the country lost over a quarter of their machines in just a few months. [...]
Cash machines closing at record rate: Positive Money response
12 September, 2018Responding to the confirmation from Link that cash machines are closing at a rate of 250 per month, David Clarke, head of policy at Positive Money said: “Today’s news that cash machines are disappearing at a record rate, including many in isolated areas, is deeply concerning. These closures risk leaving whole communities without access to [...]
Banks’ war on cash halted after Positive Money campaign
17 July, 2018This week, we scored a significant victory in the fight to protect the UK’s access to cash. The Link scheme has cancelled planned cuts to the “interchange” fee which banks pay towards the cost of running the UK’s network of cash machines. As our recent report 'The Future of Cash' explains, cash is relied upon by over two [...]
5,500 Sign Positive Money’s Digital Cash Statement – What Happens Next?
13 April, 2018Earlier today, Positive Money submitted a statement signed by thousands of supporters to MPs on the powerful Treasury Select Committee. The statement makes the case for Digital Cash, and asks the Committee to recognise the idea’s widespread support. We're happy to report that this afternoon, we submitted a statement signed by 5,468 people to the [...]