Stress tests show climate delay could cost banks an extra £110bn
24 May 2022
London, 23rd May 2022 The Bank of England has published the results of its climate ‘stress tests’, which assess the resilience of UK banks to different climate scenarios. The Bank of England’s stress …
Economists warn Sunak against financial deregulation
16 May 2022
London, 16th May 2022 58 leading economists have written an open letter to the Chancellor, Rishi Sunak MP, and the Economic Secretary to the Treasury, John Glen MP, outlining their concerns regarding …
Financial Services and Markets Bill threatens levelling up: Positive Money response to Queen’s speech
10 May 2022
10th May 2022 The Financial Services and Markets Bill, announced in the Queen’s Speech this morning, is expected to deliver the government’s ‘Future Regulatory Framework, which proposes fundamental ch …
25 years of Bank of England independence shows we need a new approach
6 May 2022
May 6, 2022 This week marks 25 years since arguably the biggest change to UK economic policy that no one voted for – the handing over of control of monetary policy and inflation to the Bank of England …
Government should take the lead in tackling cost of living
5 May 2022
London, 5 May 2022 Responding to the Bank of England’s decision to increase the Bank Rate by 0.25 percentage points, to 1%, research and campaign group Positive Money has called for the government to …