One year into his role as Governor, Andrew Bailey has reliably steered the Bank of England’s response to the Covid-induced economic …
Treasury
Sunak urged to stop bankers fuelling climate crisis in Budget
London, 24 February 2021 Rishi Sunak should use his upcoming Budget to enable the Bank of England to shift billions of pounds away from …
Cross-party report urges green recovery from Covid
London, 17 Feb 2021 Research and campaign group Positive Money welcomes a new report from MPs on the Conservative-led Environmental Audit …
Concrete action needed to boost productive investment: Positive Money response to new productive investment working group
London, 20 November 2020 - The Treasury, the Bank of England and the Financial Conduct Authority will be convening an industry working group …
A green wish come true or more greenwash?
Announcements about the UK government’s first green bond and mandatory climate risk disclosure are welcome steps, but they’re also baby …
Rishi Sunak’s sending mixed messages
Today’s announcements from the Bank of England and Rishi Sunak show welcome signs of close cooperation, but sadly the Chancellor is still …
Bank of England confirms plans to incorporate climate into asset purchases: Positive Money response
A senior Bank of England official announced today that the Bank is seeking the Treasury’s backing to incorporate climate risk into its asset …
The Treasury’s Job Support Scheme is a destructive creation
The Treasury’s plan for jobs lacks the ambition and boldness we need to avoid an unemployment crisis. By relying on the process of ‘creative …
The Tragedy of Growth – New Positive Money Report and Webinar
As Covid-19 takes its toll on GDP figures, we must avoid a return to the kind of policymaking that chases economic growth above all else. In …