According to new data from the Bank of England, consumer borrowing increased by its fastest rate for more than a decade in the run-up to the …
In the News
There is no reason to surrender the creation of money to private banks (Guardian)
At the moment, give or take a bit of quantitative easing, all money is conjured into existence by private banks, 85% of it as loans on …
Was the Chancellor on the right track with the economy? (BBC Radio London)
"There is no clear change in direction", comments Fran Boait, Executive Director of Positive Money, on the autumn statement in the BBC Radio …
The autumn statement falls far short of what the UK economy requires
When the Chancellor took office, he pledged to “reset” economic policy. And the Prime Minister, recognising the effects of the Bank of …
Sweden’s central bank eyes digital currency
The world’s oldest central bank is launching a project to examine what a central bank-backed digital currency would look like and what …
To deal with climate change we need a new financial system (Guardian)
Abolishing debt-based currency isn’t a new idea, but it could hold the secret to ending our economies’ environmentally damaging addiction to …
“QE for people” demo at the Bank of England (Video)
On Thursday 3rd November 2016 Positive Money supporters gathered at the Bank of England and sent a clear message to the people who decide …
Why Theresa May is only half right: The real problem with the Bank of England (Newsweek)
It's time for a more radical approach to quantitative easing, writes Fran Boait in Newsweek, 2nd November 2016. Here's a short extract: If …
QE makes the rich richer! (CNBC Video)
On CNBC, on Thursday 3rd November 2016, Positive Money’s Director, Fran Boait, explained what's wrong with what the Bank of England is …