Hannah Dewhirst
Campaigners protest rate rises & ballooning bank profits
3 August, 2023August 3, 2023 This morning we headed down to the Bank of England to protest their relentless interest rate rises - which are causing big bank profits to balloon - while millions of us suffer from the cost of living crisis. We’re demanding an end to rate hikes and for the government to introduce a [...]
What’s the digital pound? and how we can make it work for people not profit
17 July, 2023July 17, 2023 Catch up on our webinar from 28th June: ‘What’s the digital pound? and how we can make it work for people not profit’. While central banks all over the world, including the Bank of England, look into launching digital currencies (a digital version of cash issued by central banks) there are currently [...]
PoMo at Glasto 2023!
4 July, 2023July 4, 2023 In late June, four members of the Positive Money team headed down to Somerset to chat to thousands of people at the biggest festival in the UK: Glastonbury 2023. Over five days, more than 210,000 people made their way to the 900-acre site on Worthy Farm for a mixture of music, activism [...]
Hunt’s huge missed opportunity to #TaxTheBanks
15 March, 2023March 15, 2023 Today Chancellor Jeremy Hunt presented his Spring Budget to parliament and missed a huge opportunity. After 12 years of deep public sector cuts and pay freezes, which resulted in strikes in hospitals and classrooms up and down the country, Hunt ignored an easy win to bring in billions of pounds of additional [...]
The highs and lows of Governor Andrew Bailey’s first year
17 March, 2021March 17, 2021 One year into his role as Governor, Andrew Bailey has reliably steered the Bank of England’s response to the Covid-induced economic crisis, but disappointed many with his failure to seize several opportunities to green the Bank’s operations and transform the UK financial sector into one that helps provide solutions to the multitude [...]
Big win: New green mandate for the Bank of England
3 March, 2021March 4, 2021 Following a big campaign by Positive Money and partner organisations, Rishi Sunak has given the Bank of England the green light to fight the climate crisis, by giving it a brand new green mandate. Yesterday, Chancellor Rishi Sunak updated the Bank of England’s Monetary Policy Committee mandate to “reflect the importance of [...]
Surprise for Sunak: 60,000 demand climate action on frontpage of his local paper
12 February, 2021February 12, 2021 Rishi Sunak woke up to a big surprise this morning: a full page advert demanding he stop bankers funding the climate crisis splashed across his local newspaper. If you’re on Twitter, please retweet the ad. From the Dales to Indonesia, extreme weather events are hitting us all around the globe with [...]
January Round-Up
29 January, 2021January 29, 2021 We hope this blog finds you well, as 2021 continues to be a tough time for lots of people. As we draw to the end of January, we’d like to share some hopeful updates from Positive Money’s campaign for a fairer economy. We had a big win for our campaign to green [...]
MPs pile on the pressure: Bank of England must do more on climate action
26 January, 2021January 26, 2021 A cross-party group of MPs agree with our recommendations: the Bank of England missed a vital opportunity to green their corporate bailout scheme, and must do more to prevent further climate breakdown. Our work to improve the Bank of England’s green credentials have been given extra clout with new support from Parliament’s [...]