One year into his role as Governor, Andrew Bailey has reliably steered the Bank of England’s response to the Covid-induced economic …
Covid-19
QE or not to QE? Soaring inequality shows it’s time for a new macroeconomic approach
If you just looked at property and financial markets, you’d be forgiven for thinking that we weren’t in the midst of a global …
Banking regulator to allow lenders to resume dividend payouts – Positive Money response
Below is comment from Positive Money on this afternoon’s announcement that the banking regulator, the Prudential Regulation Authority (PRA), …
Government must do more to relieve small businesses of unsustainable debt
Chancellor Rishi Sunak announced today that businesses affected by local and national restrictions can now claim cash grants of up to £3000 …
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 …