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, …
Covid-19
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 …
Bank of England comes clean on corporate bailouts following Positive Money campaign
London, 19 May 2020 - The Treasury and the Bank of England have today announced that the names of companies being bailed out through the …
Govt should put public health ahead of private wealth: Positive Money response to GDP figures
Responding to the ONS’ estimate that GDP fell by 2% from January until the end of March, and 5.8% in March, Fran Boait, executive director …
New polling: only 12% want UK to prioritise economic growth over wellbeing
More than 8 in 10 think UK should prioritise health and wellbeing of citizens over GDP during coronavirus crisis Over 6 …
Why Covid-19 should make us rethink the concept of inflation
Despite the Bank of England and the Treasury’s coordinated moves to pump more money into the economy, inflation is unlikely to occur for …
PRESS RELEASE: Issue digital cash or lose trust in money, report warns
Central bank digital currency could help in crises like covid pandemic, allowing ‘helicopter money’ and a means of ‘disciplining’ …
Bank of England provides £7.5 billion in big business bailouts – hidden from public view
While SMEs struggle to gain access to government-backed loans, large corporations have already been bailed out to the tune of approximately …