What’s different about UK inflation?
20 March 2024
March 20, 2024 Countries experiencing lower inflation boast a combination of more active governments, lower dependence on fossil fuels and real conversations about the role of corporate greed What’s …
Over 50 experts tell Bank of England: push forward with climate work
18 March 2024
LONDON, 18th March 2024 – Today over 50 leading economists and civil society voices have written to Andrew Bailey, Governor of the Bank of England, calling for the Bank to step up its work to align th …
#TaxTheBanks petition delivered to Jeremy Hunt
14 March 2024
March 14, 2024 Ahead of the Spring Budget, we delivered our petition to Number 11 Downing Street to call on Chancellor Jeremy Hunt to introduce a windfall tax on bank profits, following our full-page …
Bank of England lending should stop subsidising fossil fuels, says think tank
28 February 2024
Research says green overhaul needed to end ‘hidden subsidy’ to fossil fuel companies London, 28 February 2023 – By accepting financial firms’ fossil fuel assets as collateral against loans made to the …
Stop the hidden subsidy to fossil giants: why the Bank of England’s collateral framework matters
28 February 2024
February 28, 2024 Sitting at the very heart of the financial system, collateral frameworks are some of the most powerful tools central banks have. But by not considering the environmental impact of t …