Over the past three years, bank lending to productive industries — what we might call the “real economy”— has consistently declined, with 2023 seeing a…
System renewal. Challenging established notions. Reimagining our societies.
System renewal. Challenging established notions. Reimagining our societies.
Tag: positive money
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With the budget bringing about changes, there’s an unprecedented opportunity to realign the UK’s economy toward social well-being and environmental resilience. For years, our fiscal…
The Bank of England has fallen further behind its G20 counterparts in greening the financial system, according to the latest Green Central Banking Scorecard, published…
The financial sector has found its way to the front of the queue when it comes to accessing Treasury ministers, receiving more facetime with ministers…
Barclays announced at the beginning of August that its pre-tax profits for the first half of 2024 have reached a staggering £4.2 billion. In comparison,…
Bank of England has announced the base interest rate will be cut by 0.25% to 5%. This will be a welcome relief for the thousands…
A windfall tax on bank profits would raise anywhere between £3.5 billion and £14 billion from the big four UK banks alone this year, depending on…