Now’s the time to stop worshipping the false god of GDP
31 March 2020
We must resist GDP-based arguments which attempt to justify a less stringent public health response to Covid-19. As we emerge from this crisis, returning to a senseless pursuit of endless growth would …
To help fight Covid-19 the Bank of England must commit to direct monetary financing
27 March 2020
The Bank of England is indirectly financing the Treasury’s spending on the response to Covid-19. We welcome this development, but further transparency is needed. Now is the time for the Bank to commit …
Covid-19 crisis: An open letter to the UK government calling for faster and more far-reaching action
23 March 2020
Below is an open letter to the UK government signed by 98 economists, academics and directors of research organisations, including Positive Money. An edited version first appeared in The Times on Mond …
Coronavirus QE must also be green: Andrew Bailey needs to stick to his word
20 March 2020
Amid the coronavirus crisis, we risk backsliding on the progress we’ve made towards decarbonising our financial system. We must make sure the new Bank of England governor keeps his promise to support …
PRESS RELEASE: Positive Money response to Bank of England QE announcement
19 March 2020
Responding to the Bank of England’s announcement today that it will buy an additional £200bn worth of government and corporate bonds through quantitative easing (QE), bringing total to £645bn, Fran Bo …