Simon Youel

Bank of England Financial Stability Report: Positive Money response

28 November, 2018
Commenting on expectations of lower capital requirements as a result of the Bank of England's stress testing, Fran Boait, executive director of Positive Money said: “Ten years on from the global financial crisis we risk mistakes being repeated, as the … Continue reading →

Another top economist supports our Digital Cash proposal

23 November, 2018
As we explored last week, our proposal for Digital Cash in the form of a central bank digital currency (CBDC) is rapidly gaining the attention of some of the world's most influential policymakers. Now this week one of the biggest … Continue reading →

Could a central bank digital currency halt the privatisation of our money?

16 November, 2018
Over the past few days top policymakers from the IMF, ECB and Bank of England have addressed the prospect of a central bank digital currency. Here’s why it matters. Though Brexit has dominated most of the headlines this week, momentum … Continue reading →

“A dishonest Budget”: Positive Money Budget response

29 October, 2018
Responding to today's Budget statement, Fran Boait, executive director of Positive Money said: “Today’s Budget is simply a dishonest Budget. Not only has the Chancellor failed to deliver on the end of austerity promised by his government, but he’s also … Continue reading →

RBS Q3 results: Positive Money response

26 October, 2018
Responding to RBS’ 2018 Q3 results which saw a 14% rise in pre-tax profits, Fran Boait, executive director of Positive Money said: “Another boost in profits is another reminder of the cost of the RBS sell-off. The government selling off … Continue reading →

Campaigners hand RBS giant card to mark tenth anniversary of bailout

12 October, 2018
London, UK, 12 October 2018 - Research and campaign group Positive Money have this morning delivered a ‘birthday’ card to RBS admonishing the bank for its failure to change in the decade since it was bailed out by the UK government. Positive Money … Continue reading →

Average UK household lost at least £23,000 in decade since financial crash

13 September, 2018
  10 Years On campaign launches tool allowing public to calculate how much they’ve lost out since 2008 crash Analysis comes ahead of rally outside the Bank of England on 10th anniversary of Lehman Brothers collapse, with speakers including John … Continue reading →

10 Years On: why has so little changed since the financial crash?

4 September, 2018
As the tenth anniversary of the collapse of Lehman Brothers approaches, the Financial Times’ chief economics commentator, Martin Wolf, argues that politicians and policymakers have simply tried to restore things to the past, instead of taking the opportunity to build … Continue reading →

Polling: 10 years after the financial crisis, the British public still don’t trust banks

16 August, 2018
  66% of Britons don’t trust banks to work in the best interests of UK society 72% believe banks should have faced more severe penalties for their role in the financial crisis 63% are worried that banks may cause another … Continue reading →