Today Chancellor Jeremy Hunt presented his Spring Budget to parliament and missed a huge opportunity. After 12 years of deep public …
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Hunt missed opportunity for windfall tax on bank profits
London, Wednesday 15th March 2023 Responding to the Chancellor’s Spring Budget, Fran Boait, executive director at Positive Money, …
SVB collapse makes case for digital pound & Bank of England climate and capital report
London, 13th March 2023 On the collapse of Silicon Valley Bank (SVB), Simon Youel, Head of Policy and Advocacy at Positive Money, …
A fork in the road: which direction for financial services and regulation in the UK?
Now is a good time to assess the future of financial regulation and financial services in the UK. It is three years since the UK left the …
The housing wealth trap
New data from the Office of National Statistics (ONS) has estimated that the value of our homes continued to boom during the second year of …
How Netflix hit ‘Bank of Dave’ shows banks could work for people and community, not profit
“I want them to tell me why. I want them to admit publicly because I'm not in their club. I want them to say the very people who’ve just …
Positive Money response to Lloyds Bank profits
Lloyds Bank has today announced that its pre-tax profits for 2022 were £6.9 billion, and that it has increased its bonus pool by 12% to …
Positive Money response to HSBC profits
HSBC has today announced that its profits for 2022 were £14.5 billion. Its profits for the last quarter of 2022 were £4.3 billion, up …