As Covid-19 takes its toll on GDP figures, we must avoid a return to the kind of policymaking that chases economic growth above all else. In …
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Why Covid-19 should make us rethink the concept of inflation
Despite the Bank of England and the Treasury’s coordinated moves to pump more money into the economy, inflation is unlikely to occur for …
Bank of England come clean: stop secret business bailouts now – petition launch
While small and independent businesses are struggling to survive, the Bank of England is creating billions in new money to bail out …
New Positive Money Report Launch and Webinar: ‘Money We Trust’
In the face of technological innovation and declining cash use, we need a new kind of public money fit for the 21st century. And with …
Coronavirus exposes deep rooted problems at the heart of our economy
From financialisation to structural oppression, Covid-19 is highlighting how dysfunctional our economic system really is. Covid-19 has …
Bank of England provides £7.5 billion in big business bailouts – hidden from public view
While SMEs struggle to gain access to government-backed loans, large corporations have already been bailed out to the tune of approximately …
The ultimate magic money tree has been unveiled – don’t let the government tell you otherwise
Despite the extension of the Ways and Means facility and expanded Quantitative Easing, the Treasury and the Bank of England might still deny …
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 …