New Positive Money Report Launch and Webinar: ‘Money We Trust’
24 April, 2020In the face of technological innovation and declining cash use, we need a new kind of public money fit for the 21st century. And with Covid-19 throwing our increasingly privatised and precarious money and banking system into even sharper relief, today Positive Money launched its latest report exploring a central bank digital currency. After gaining [...]
Major breakthrough on public money creation: The Bank of England will directly finance government coronavirus spending
9 April, 2020UK central bank becomes first in the world to adopt direct monetary financing to fund government spending during the coronavirus crisis. This move demonstrates once and for all that the government need not depend on private markets to finance its spending. This morning the Bank of England made the welcome announcement that it would expand [...]
The results are in! Positive Money’s 2020 survey
19 February, 2020To help Positive Money make the right choices about what to work on in the year ahead, we sent out a survey to all our supporters. Respondents had the chance to choose our priorities for the year ahead, vote for their favourite tactics and share new ideas. This survey is a key part of our [...]
Our money and banking system is driving inequality
16 January, 2020This year’s Fat Cat Day - the day in the year when an average FTSE 100 CEO earns just as much as the typical employee does in a whole year - was Monday 6th January. Meaning it took just three working days for CEOs to make the median British salary of £29,559. This gulf grows [...]
Merry Christmas from Positive Money 🎄 What a year it’s been!
19 December, 20192019 has been an incredible year for Positive Money. It began when our professional opinion poll uncovered that fewer than 1 in 10 people supported Chancellor Philip Hammond's plan to sell of the Government's RBS shares. In response, we amassed a 13,000-strong petition and march to the Treasury. We not only halted the Government's sell-off, [...]
Father Christmas visits the Bank of England
16 December, 2019This morning Father Christmas helped us deliver an early Christmas present to the Bank of England to expose a dirty secret: its support for coal. Members of Positive Money staff and supporters gathered outside the Bank for a photo opportunity as well as a climate carol sing song. We grabbed the attention of hundreds of [...]
All the latest on our campaign to protect free access to cash
4 December, 2019While the closure of free ATMs is sadly nothing new, when the release of fresh figures coincided with the calling of a general election, we spotted an opportunity to call on whoever makes up the next government to protect this vital part of our money and banking system. 5,644 free-to-use cash machines (11% of the [...]
Positive Money at the Conservative Party conference 2019
3 October, 2019Whilst MPs were thin on the ground at Conservative Party Conference due to Parliament’s sudden return, we still managed to put on a great panel featuring influential Respublica think tank director Phillip Blond; Special Advisor to Triodos Bank James Vaccaro and Rebecca Park from UK Finance; the lobbying arm of Britain’s financial sector. Positive Money [...]
Positive Money at the Labour Party conference 2019
25 September, 2019Last week Positive Money set off for Brighton and the Labour Party's 2019 Conference. Our event, co-hosted with Triodos Bank UK, posed the question “How will Labour pay for the green transition?”. After Parliament declared a climate emergency earlier this year, and the climate strikes brought together 4 million people around the world on Friday, [...]