We must resist GDP-based arguments which attempt to justify a less stringent public health response to Covid-19. As we emerge from this …
Coronavirus
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 …
Covid-19 crisis: An open letter to the UK government calling for faster and more far-reaching action
Below is an open letter to the UK government signed by 98 economists, academics and directors of research organisations, including Positive …
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 …
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 …