Climate change threatens financial stability - so why isn't the Bank of England taking it seriously? Our Co-ED @hallsara.bsky.social argues in @thehousemag.bsky.social that the Bank should be playing a bigger role in greening our economy and supporting UK climate goals 👇

10 years ago in a landmark speech, Mark Carney warned of the threat the climate crisis poses to financial security - but the Bank of England is yet to heed it. We joined 10 other organisations in calling on MPs to change that. Full story in @theguardian.com 👉 www.theguardian.com/business/202...

The British public are clear: It’s time for those with the broadest shoulders to pay a fairer share of taxes.

Excellent work - and media coverage - by @positivemoneyuk.bsky.social

⚡BREAKING ⚡ A windfall tax on banks on banks could raise more than *£11 billion* That's enough to cover the cost of the welfare u-turn AND scrapping the two-child benefit cap Catch us in The Mirror today 👇 and add your name 👉bit.ly/taxthebanks www.mirror.co.uk/mon...

“Put plainly, loosening mortgage rules really translates to saddling households with larger, less sustainable debts, instead of tackling the underlying causes of unaffordability.” Our ‪@hallsara.bsky.social in @theguardian.com today 👇 www.theguardian.com/business/202...

The government's new Financial Services Growth and Competitiveness strategy risks undermining its industrial policy & growth mission. Here's my analysis: www.linkedin.com/pulse/govern...

1/2 Lots of media focus on the Bank of England supporting the government's proposal to loosen mortgage rules (i.e. let first-time buyers take on more debt). But what about further down in their report - where they admit that this could actually push up house prices?

Sept 2023: Our polling found most people want to #TaxTheBanks May 2025: Gordon Brown's polling found most people want to #TaxTheBanks June 2025: @tuc.org.uk‬ polling found most people want to #TaxTheBanks Are you with us? Tell Rachel Reeves today ⬇️ bit.ly/taxthebanks

Win! 🎉 Changes to Cash ISAs have been scrapped (for now!) But it's not over yet - Reeves is still "consulting with industry". Sign the petition now to make this pause permanent 👇you.38degrees.org.uk...

The UK desperately needs a public bank that is laser focussed on delivering for climate, nature and living standards. The National Wealth Fund is an opportunity to have just that. Read our new briefing for how it can be strengthened: bit.ly/4eoQcdI 1/5

Having the governor of the Bank of England acknowledge the impact of climate change on prices is a huge deal. But what are the Bank doing about it? It'll take far better tools than interest rates to fix this problem 👉 positivemoney.org/uk/update/gr...

The fiscal rules are a political choice. Not taxing extreme wealth and windfall profits fairly is a political choice. Spending cuts are a political choice. Tell the Chancellor it's time to choose *us* over corporations like banks 👉bit.ly/taxthebanks

Great to see our research recommendations on the benefits of lending to countries in their local currencies (rather than dollars) getting picked up 👇 This can go a long way towards reducing the debt burden on countries in the Global South. serrarigroup.com/africa-to-un...

We were outside parl’t this morning, ahead of this afternoon’s Comprehensive Spending Review. Unfortunately, the gov’t is expected to announce a raft of cuts to public services. This is a political choice. They should make the super-rich pay their fair share of taxes instead.

"The interests of London’s financial elite are not the same as those of Sunderland or Sheffield." Prioritising the financial sector has been devastating for large parts of Britain. An ambitious industrial strategy could start undoing some of that damage www.politico.eu/article/brit...

The UK govt softened tax reforms on the superrich because of a widely reported “exodus” of millionaires fleeing the UK. Our new study w/ @patmillsuk.bsky.social & @taxjusticeuk.bsky.social shows that the "exodus" was a complete fiction. #BogusExodus #TaxTheSuperRich taxjustice.net/press/millio...

We want to make sure Rachel Reeves MP sees some important % and ££s: 🇬🇧 80% of UK millionaires support a 2% tax on wealth over £10m 🇬🇧 81% think it’s patriotic to pay their fair share We’re proud to pay and here to stay #taxthesuperrich #taxwealthnotwork

It's good to see Swati Dhingra highlight how important strategic investments are for responding to inflation driven by supply factors like our reliance on fossil fuels in response to questions from @jeevunsandher.bsky.social on the Treasury Select Committee 👇

Even though GDP grew by 0.7% in the first quarter of this year, the Bank of England, OECD and IMF all predict this trend won't last. That's why we need a government that doesn't draw for austerity every time an economic forecast changes. Our full response 👉 positivemoney.org/uk/press-rel...

🧑‍🏭 Lately we’ve been reflecting on the UN’s warning about insecure jobs, unfair pay, and rising exploitation in the UK. Human rights start at work — and the UK isn’t meeting its obligations. 📚 Read our latest blog on what must change. justfair.org.uk/righ...

Up to £150 billion. That's how much the government stands to lose because it's covering the Bank of England's losses. The Bank of England could easily stem this flow if it...

🎥 @ecb.europa.eu's Luis de Guindos told the EU Parliament the #DigitalEuro should be the main response to reduce Europe’s dependence on US payment systems. The digital euro could be a public, European, and safer alternative to today’s private payment giants. ➡️ positivemoney.org/eu/work/the-...

The UK’s pension system is worth almost £3 trillion (that's twelve zeros)! Yet millions of us are facing poverty in retirement. This is a rare chance to have a say in how that system can change. Make your voice heard 👇

Cash is a lifeline for millions of vulnerable people and a vital public utility - like water and electricity - we shouldn’t let our money and payments system be run for profit 💷 Tell the government to mandate cash acceptance. Sign the petition to #KeepCashAlive ✍️ bit.ly/KeepCashAlive

"The short-term solution to this would be a windfall tax on banks’ record profits, to recoup some of the public money banks have taken since rates started rising." We told @cityam.bsky.social how the Chancellor could restore some much-needed fiscal headroom. www.cityam.com/tax-hikes-wo...

The White House is calling it ‘Liberation Day’, but US tariffs will hit communities around the world - especially in the Global South - because of the power of the US dollar and the role it plays in global trade. That’s why we need to care about Trump’s tariff tantrums 👶

£5bn disability benefit cuts will push 250,000 into poverty. Women—especially Disabled women and unpaid carers—will be hardest hit. Why target the most vulnerable? WBG Director @maryannstephenson.bsky.social sets out the case for fairer choices: www.opendemocracy.net/en/disabilit...

The biggest disability cuts on record? This week, we explore the scale of disability benefit cuts, the economic and moral arguments around this controversial decision, and the impact it will have on millions of people. www.neweconomybrief.net/the-digest/s...

🚨NEW: Anneliese Dodds says govt must ‘reassess’ fiscal rules and taxation pledges in first speech since resignation “We must be prepared to reassess shibboleths, whether they be the fiscal rules, as Germany has done, or on taxation.” Thread of clips from this thoughtful speech 👇

📢 Exciting news! Aurélie Maréchal joins Positive Money Europe as our new Executive Director! With her leadership, we’ll continue driving the redesign of the economy in Europe. Read more here: positivemoney.org/eu/update/au...

Global South countries' #debt is weighing them down. One solution lies in Multilateral Development Banks. Find out how in our latest guest blog from Iván Weigandi, Bruno Bonizzi & Annina Kaltenbrunner 👇 positivemoney.org/uk...

Today is International Transgender Day of Visibility and so we are standing in solidarity with all trans folk across the UK 🏳️‍⚧️ Trans people are often disproportionately affected by violations of their everyday rights, and we want to build a country where that can't happen ✊

As @andyburnham.bsky.social says, we are living in a time of extreme wealth. We believe the most efficient way to deal with this is to tax us, the super rich

We joined @taxjustice.net's podcast to share how much a windfall tax on bank profits could bring in💰(hint: way more than slashing disability benefits) The movement for wealth taxes in the UK is growing 💪 we're so proud to be a part of it. 🎧 Listen in full podcasts.taxjustice.net/episode/152-...

Great to see economic inequality dominating the discussion on last night’s question time. We can’t halt declining living standards, adequately fund public services or create a fairer society without taxing the super rich more.

Public debate - including parliament & the media - is clear that a wealth tax affecting just 20,000 of the very richest will stop cuts. We've won before - see some of @taxjusticeuk.bsky.social's victories at the bottom of this page here, and please consider donating: taxjustice.uk/win-wealth-t...

Why are we taxing working people more than billionaires?

The spring statement which cuts public services and could put 250k disabled people into poverty shows the cost of not tackling inequality will be greater levels of destitution for vulnerable groups and declining living standards for many others. We need a wealth tax now.

Former Archbishop of Canterbury Rowan Williams & me for @justmoneymvt.bsky.social condemning the cuts announced in today’s #SpringStatement as morally wrong and calling for a #WealthTax to help build strong communities where we can all flourish: www.churchtimes.co.uk/articles/202...

The words of a patriotic millionaire - our member Brian Eno is interviewed by @newjournal.bsky.social

“I can tell you that if you have wealth of £10 million plus, then you can afford to contribute a bit more in tax.” Our member Julia Davies speaks to @BBCRadioScot this morning. 📻 Listen to the interview in full from 0:38: www.bbc.co.uk/sounds/play/...

Thank you so much to everyone who joined us in Bristol tonight! Special thanks to our speakers, Frances from @abundance-org.bsky.social and @alixdietzel.bsky.social 🌍

Why should ordinary people suffer the brunt of economic challenges while the wealthiest get more and more wealthy? This week, @carladenyer.bsky.social joined @garyseconomics.bsky.social and others to call on UK politicians to stop savage cuts to welfare and instead bring in a #WealthTax now!

✂️ Our social security system should be there for us all, especially when we need it most. But the UK Gov is talking about cuts to disabled people’s support. @trusselluk.bsky.social is urging you to call on the Prime Minister to rethink the planned cuts 👇 action.trussell.org....

🚨 BREAKING: Child poverty has hit a new record high in the UK. These figures are a source of national shame. The rise in child poverty to 4.5 million is a direct consequence of political choices. 1/5

The UK Chancellor Rachel Reeves has just confirmed £ billions in cuts to welfare payments in the #springbudget, while also announcing a £2.2 billion increase in military spending. The money is out there – and if the UK government taxed the wealth of the super-rich, there would be plenty.

We're trying to raise £25,000 to keep fighting for a wealth tax in the UK. We'll use donations to: - Train 3 new media spokespeople - Get 500 new wealth tax mentions in the media - Host roundtable meetings in Parliament pushing for a wealth tax Support us here: taxjustice.uk/win-wealth-t...

Today we joined @endchildpoverty.bsky.social & @cpaguk.bsky.social in Westminster to put a stop to rising child poverty as it hit 4.5 million, a record high. We urge the UK Govt to include scrapping the 2-child limit & benefit cap in the Child Poverty Strategy, this would lift 500k out of poverty.

NEW ANALYSIS: The negative impact of austerity measures announced today on GDP could wipe out any "savings" from benefit cuts. The cost of poverty and public service cuts are likely to spill over and damage growth.