London, 16 April 2020 - Research and campaign group Positive Money has criticised Bank of England (BoE) governor Andrew Bailey for “breaking …
Coronavirus
The ultimate magic money tree has been unveiled – don’t let the government tell you otherwise
Despite the extension of the Ways and Means facility and expanded Quantitative Easing, the Treasury and the Bank of England might still deny …
PRESS RELEASE: Government bailing out big business with public money behind the scenes through CCFF
London, 9 April 2020 - Research and campaign group Positive Money has today raised questions over the transparency of the Covid Corporate …
Major breakthrough on public money creation: The Bank of England will directly finance government coronavirus spending
UK central bank becomes first in the world to adopt direct monetary financing to fund government spending during the coronavirus crisis. …
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 …
Gov must not be pressured by growth figures to endanger lives: Positive Money response to GDP figures
Responding to figures published today by the ONS which showed GDP grew by just 0.1% in the three months to February, Fran Boait, executive …
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 …
Now’s the time to stop worshipping the false god of GDP
We must resist GDP-based arguments which attempt to justify a less stringent public health response to Covid-19. As we emerge from this …
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 …