London, 9 November 2021 The Treasury and the Bank of England today announced that a decision on whether to launch a Central Bank Digital …
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Is the Bank of England using the wrong tools?
Central banks like to maintain that interest rates are the main way they can influence the economy. But behind this there are more powerful …
Still too many promises and not enough action from G20 central banks
With the 'Finance' day at COP26 approaching, have the world’s biggest central banks and financial supervisors stepped up to the plate on …
Sunak announces tax cut for banks: Positive Money response
London, 27 October 2021 Responding to the Chancellor’s announcement in the Budget that he will be cutting the surcharge tax on bank …
Raising interest rates won’t fix inflation and could harm the recovery
Author: Danisha Kazi The standard tools for controlling inflation will do nothing to address the current sources of rising costs. …
Have your say on the future of money
What is the Bank of England consulting on? Our money and banking system could soon be transformed by two new forms of digital money: …
Why ‘Britcoin’ shouldn’t mean the end of cash
The government and the Bank of England are working together on developing a central bank digital currency (CBDC) for the UK. There are …
Rishi Sunak Mansion House Speech: Why do Banks continue to get preferential treatment?
On 1st July, Rishi Sunak delivered his annual Mansion House Speech to young people working in finance. Sunak announced he would not increase …
Could a digital pound mean the end of banking as we know it?
Mon 12th July 2021 With everything which has been going on in the world recently, from a terrifying heat dome emerging in North America …