Inflation, often met with high interest rates by central bankers, exerts mounting pressure on households. However, this approach fails to …
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Campaigners protest rate rises & ballooning bank profits
This morning we headed down to the Bank of England to protest their relentless interest rate rises - which are causing big bank profits …
Climateflation: the long-term cost of burning fossil fuels
Sign the statement to Jeremy Hunt to end climateflation and bring down soaring prices Much of the commentary on climate change rightly …
The new cabinet – what it means for a fair, green economy
Liz Truss has been confirmed as the new Prime Minister, with key cabinet appointments including Kwasi Kwarteng, Jacob Rees-Mogg and Graham …
Bank of England’s historic interest rate hike: Positive Money response
London, 4 August 2022 - Today, the Bank of England's Monetary Policy Committee (MPC) raised interest rates to 1.75% - up from 1.25%. This …
Why politicians are wrong to blame the ‘money supply’ for inflation
Joining ‘tax cuts for growth’, the latest dodgy economics trend in the Conservative leadership contest is an obsession with the money …
25 years of Bank of England independence shows we need a new approach
This week marks 25 years since arguably the biggest change to UK economic policy that no one voted for - the handing over of control of …
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 …