The power of democracy against the power of finance
This elections year, it is hard to imagine that European citizens will be satisfied with shallow political promises: they are furiously standing up against business as usual. All over Europe,
Half Of 20-Somethings Say Money Pressures Impact Their Mental Health
The joint HuffPost UK-BBC Radio 5 Live poll found 30% of people in their 20s have no savings at all. The majority of young people in their 20s say money
Mark Carney: Put your money where your mouth is! Unleash green investment now!
On Thursday 2nd May, Positive Money staff, supporters and members of the grassroots divestment group Fossil Free London, gathered outside the Bank of England to get our voices heard on
Cash machine charges will hit poor hardest
Responding to research by Which? showing that 1,700 ATMs switched to charging in the first three months of 2019, David Clarke, head of policy at Positive Money said: “The shocking
Major Breakthroughs on Central Banks and Climate Change
If we’re going to stop irreversible climate change, we need to decarbonise our financial system, which channels billions of pounds into fossil fuels every year. As institutions at the heart
Greece bears gifts
The European Union has lessons to learn from one of its least adept members writes Alex Tziamalis. While the UK is engulfed by Brexit – a battle for the strategic direction
A sense of insecurity
The growing push for using securitisation markets for development finance is fraught with multiple dangers ahead. Rick Rowden sounds a warning. The international development finance club has been increasingly experimenting with various types
Re-designing money
John Wood suggests that money should be re-designed as local maps of relations, rather than as a universal register of quantities and things. When someone tells you not to re-invent
Spring Statement: Chancellor fiddles while planet burns
Reacting to measures outlined in today’s Spring Statement to help combat climate change, Friends of the Earth’s head of political affairs, Dave Timms said: “Instead of putting climate change at the
To beat a No-Deal Brexit the government and Bank of England must work together
This week marks 10 years since the Bank of England introduced its quantitative easing (QE) programme, setting in motion the creation of hundreds of billions of pounds of new public
Tackling gender inequality through investment in social infrastructure
The UK government’s response to the financial crisis brought disastrous economic consequences and unnecessary hardship. Austerity policies have hit women, BAME people and the poorest the hardest, while failing the
Wonga has left 10,000 customers out of pocket from ‘beyond the grave’
Treasury Committee chair Nick Morgan has warned that the government may need to step in after more than 10,000 former Wonga customers were left out of pocket by the firm
Mozambique files case against Credit Suisse in the UK
Jubilee Debt Campaign has learnt that the government of Mozambique, represented by the Attorney General, has filed a case in the UK High Court against Credit Suisse International. Commenting on
Economic Update: Economics of Conflicted Mothers
This week: Updates on the government shutdown’s very important lessons; U.S. teachers oppose a declining capitalism imposing its costs on the people; and firing the big banksters leaves our big
RBS 2018 results: Positive Money Comment
Responding to RBS’ 2018 results, which show profits doubling to £1.62bn, and a £977 dividend payment to the government, Fran Boait executive director of Positive Money said: “Another dividend payout
New poll: Only 9% support RBS sell-off plans
Today we’re releasing poll results which show that only a fraction of people support the Government’s plans to sell off RBS in the near future. (You can read the Guardian’s
Financial Regulation in Cyber Space
Rebuilding Macroeconomics’ Finance Hub held its second workshop to discuss the interdisciplinary approaches to financial resilience and stability. We focused on digital currencies and their impact on regulation and central
Cryptocurrency Firm Loses Codes and Gets Hacked, Millions Lost
Recent developments in the cryptocurrency world highlight the dangers of trading in this type of “coin.” But how important is cryptocurrency to the financial world and why should we care?
Financial regulators finally act on climate change but must go further, faster
The UK’s financial regulators are finally taking action to address the profound risks that climate change poses to the firms they supervise, and the system they oversee. But in our
Overheard at Davos 2019
In January 2019, the Green Economy Coalition headed to the World Economic Forum in Davos, Switzerland, to convene an interactive panel of environmental economists and thought-leaders to present their visions