Despite the extension of the Ways and Means facility and expanded Quantitative Easing, the Treasury and the Bank of England might still deny …
Others
Major breakthrough on public money creation: The Bank of England will directly finance government coronavirus spending
UK central bank becomes first in the world to adopt direct monetary financing to fund government spending during the coronavirus crisis. …
Climate culprits retain eligibility for Bank of England’s coronavirus corporate QE expansion
The Bank of England’s list of eligible bonds for its corporate QE programme still includes the likes of BP, Shell, Total and a range of …
Now’s the time to stop worshipping the false god of GDP
We must resist GDP-based arguments which attempt to justify a less stringent public health response to Covid-19. As we emerge from this …
To help fight Covid-19 the Bank of England must commit to direct monetary financing
The Bank of England is indirectly financing the Treasury’s spending on the response to Covid-19. We welcome this development, but further …
More private debt isn’t the solution, this crisis calls for bold measures
Coordination between the Treasury and the Bank of England is welcome, but in the midst of a crisis, more private debt is not the answer. The …
Three principles for responding to the Covid-19 economic fallout
Covid-19’s economic fallout is intensifying. In response, the Bank of England and the Treasury must coordinate to implement targeted …
Andrew Bailey announces crucial step towards climate-friendly Bank of England
The Bank of England is set to take an important step forward in its response to climate change, after incoming governor Andrew Bailey told …
Positive Money leads call for new Bank of England governor to step up climate action
More than 100 leading experts and civil society figures have signed a letter co-ordinated by Positive Money calling for the incoming Bank of …