Public Money Creation

Sunak needs to pull his weight and spend more, after BoE buys up £150bn more bonds

London, 5 November 2020 - Responding to the Bank of England announcing another £150bn of quantitative easing (QE) ahead of the Chancellor’s …

Central bank digital currency could help in crises like covid pandemic, allowing ‘helicopter money’ and a means of ‘disciplining’ …

Despite the extension of the Ways and Means facility and expanded Quantitative Easing, the Treasury and the Bank of England might still deny …

UK central bank becomes first in the world to adopt direct monetary financing to fund government spending during the coronavirus crisis. …

Responding to the news that the Bank of England will be directly financing government spending through the Ways and Means facility, Fran …

The Bank of England is indirectly financing the Treasury’s spending on the response to Covid-19. We welcome this development, but further …

Responding to the Bank of England’s announcement today that it will buy an additional £200bn worth of government and corporate bonds through …

Positive Money has questioned the Bank of England’s plans to pump money into the economy through the new Covid Corporate Financing Facility …

London, 12 March 2020 - The Bank of England has today published a discussion paper which recognises the benefits of a central bank digital …