UK central bank becomes first in the world to adopt direct monetary financing to fund government spending during the coronavirus crisis. …
Bank of England
Bank of England embraces monetary financing: Positive Money response
Responding to the news that the Bank of England will be directly financing government spending through the Ways and Means facility, Fran …
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 …
To help fight Covid-19 the Bank of England must commit to direct monetary financing
The Bank of England is indirectly financing the Treasury’s spending on the response to Covid-19. We welcome this development, but further …
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 …