Chancellor Rishi Sunak announced today that businesses affected by local and national restrictions can now claim cash grants of up to £3000 …
Coronavirus
Bank of England hints at climate conditions for future support
Central bank under fire from MPs on its Covid bailout scheme’s failure to protect jobs and the environment The Bank of England may attach …
It’s time to champion the visible hand
The government’s mini summer budget announced last week, reveals a stubborn ideological commitment to the free market above all else. The …
Business bailouts must build an economy that works for everyone
Below is an open letter sent to the Prime Minister and opposition party leaders, calling for all state support for businesses to serve the …
Two-thirds of public want strings attached to bailouts
Just 5% think no conditions should be attached to state financial support, as report reveals how the government’s pledge to ‘build back …
New report: Where are the conditions for the Bank of England’s broken bailout scheme?
The government and the Bank of England are using a new scheme – the Covid Corporate Financing Facility (CCFF) – to bail out the UK’s largest …
Positive Money response to GDP figures: Gov must steer clear of putting private wealth ahead of public health
Responding to figures published today by the ONS which show GDP fell by 20.4% in April, and 10.4% in the three months to April, Fran Boait, …
Andrew Bailey calls for green recovery, but BoE must lead by example
London, 5 June 2020 - Research and campaign group Positive Money has welcomed Bank of England (BoE) governor Andrew Bailey’s calls for a …
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 …