Hannah Dewhirst
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 [...]
Big corporations dominate government’s Build Back Better council
22 January, 2021January 22, 2021 The government’s new Build Back Better council - meant to help the UK recover from the impact of Covid-19 - is dominated by finance, oil and big tech. We cannot let our recovery be hijacked by corporate greed - the needs of people and planet must come first. This week the [...]
Our 2020 highlights (yes there really were some)
30 December, 2020December 30, 2020 Positive Money is a movement of 25,000 people taking action to build a money and banking system that works for people and planet - not profit. And while 2020’s been tough, together we’ve had real impact this year. Here are just a few highlights worth raising a glass to… 🥂 We made [...]
A green wish come true or more greenwash?
11 November, 2020Announcements about the UK government’s first green bond and mandatory climate risk disclosure are welcome steps, but they’re also baby steps that rely too heavily on the market to solve the climate crisis. We need stronger action from the Treasury and the Bank of England to avoid the risk of corporate greenwashing. By launching the [...]