The Bank of England is indirectly financing the Treasury’s spending on the response to Covid-19. We welcome this development, but further …
Bank of England
Coronavirus QE must also be green: Andrew Bailey needs to stick to his word
Amid the coronavirus crisis, we risk backsliding on the progress we’ve made towards decarbonising our financial system. We must make sure …
PRESS RELEASE: Positive Money response to Bank of England QE announcement
Responding to the Bank of England’s announcement today that it will buy an additional £200bn worth of government and corporate bonds through …
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 …
PRESS RELEASE: Positive Money responds to Bank of England COVID-19 emergency response
Positive Money has questioned the Bank of England’s plans to pump money into the economy through the new Covid Corporate Financing Facility …
PRESS RELEASE: Bank of England recognises opportunities for digital cash
London, 12 March 2020 - The Bank of England has today published a discussion paper which recognises the benefits of a central bank digital …
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 …
Press release: Bank of England considering ‘game-changing’ brown-penalising factor for fossil fuel lending
In a letter published today, outgoing Bank of England governor Mark Carney has told the Treasury Select Committee that the central bank is …
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 …