London, 4 August 2022 - Today, the Bank of England's Monetary Policy Committee (MPC) raised interest rates to 1.75% - up from 1.25%. This …
Debt
Positive Money tells MPs that post-Brexit financial regulation falls short on environment and accountability
Giving evidence to MPs on the Financial Services Bill Committee, Positive Money director Fran Boait said that current proposals for …
Modern-day colonialism: Debt crisis in the Global South
As external debt repayments from low-income countries are forecast to reach between $2.6 and $3.4 trillion next year, the looming debt …
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 …
Government debt and Covid-19 – why there’s no need to worry
It is inevitable that UK government debt will rise above pre-pandemic levels as government spending is stepped up, but there are good …
Big issues are at stake in this election but public debt isn’t one of them
With the major parties outlining their spending plans, some politicians and commentators have expressed concern about the level of public …
A reformed appointment process of the IMF director won’t cut it, the whole institution needs an overhaul
The EU’s finance ministers recently voted for Kristalina Georgieva, the Chief Executive of the World Bank, to take on the top job at the …
How Positive Money inspired me to set up a national mutual credit system
This blog is a guest post by Dave Darby of Lowimpact.org, and does not necessarily reflect the views of Positive Money. I often trawl the …
Escaping Growth Dependency, one step at a time
[Technical read.] Positive Money’s report Escaping Growth Dependency, published in early 2018, drew a link between the current …