London, 5 June 2020 - Research and campaign group Positive Money has welcomed Bank of England (BoE) governor Andrew Bailey’s calls for a …
climate crisis
BoE bailing out ‘climate criminals and bad bosses’
Airlines receive £1.8bn of public money with no strings attached, oil companies £750m. London, 4 June 2020 - Research and campaign group …
The Tragedy of Growth – New Positive Money Report and Webinar
As Covid-19 takes its toll on GDP figures, we must avoid a return to the kind of policymaking that chases economic growth above all else. In …
Bank of England under fire for fossil fuel purchases
London, 16 April 2020 - Research and campaign group Positive Money has criticised Bank of England (BoE) governor Andrew Bailey for “breaking …
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 …
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 …
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 …