Responding to the news that Rishi Sunak has today updated the remit of the Bank of England to support the government’s energy strategy, …
Treasury
Mandatory transition plans and GFANZ announcements: Positive Money response
London, 3 November 2021 Responding to the Chancellor’s announcement of mandatory transition plans, as well as a commitment of $130tn in …
Sunak announces tax cut for banks: Positive Money response
London, 27 October 2021 Responding to the Chancellor’s announcement in the Budget that he will be cutting the surcharge tax on bank …
85 lawmakers tell Bank of England to get banks in line ahead of COP26
London, 8 October 2021 Bank of England governor Andrew Bailey has today received an open letter from 85 parliamentarians from across …
BoE to make green gilts eligible for QE: Positive Money response
London, 23 July 2021 The Bank of England has confirmed that green gilts will be treated as equivalent to existing gilts and made eligible …
Treasury to sell off Natwest at a loss: Positive Money response
London, 22 July 2021 The government has just announced plans to sell more of its stake in Natwest, despite shares being worth less than …
The government-engineered housing boom will hold back the recovery
The UK housing market has become detached from the real economy. Far from ‘levelling up’, measures by the Treasury and the Bank of …
Lords criticise BoE’s approach to QE: Positive Money response
London, 16 July 2021 A report on quantitative easing (QE) by the House of Lords’ Economic Affairs Committee published on Friday concludes …
Sunak Mansion House speech: Positive Money response
London, 1 July 2021 In a speech delivered today at Mansion House, the Chancellor announced that companies, pension schemes, financial …