Ellie McLaughlin

find me at @elliemclaughlin.bsky.social 🧚

[Daniela Gabor @DanielaGabor]

w climate crisis accelerating, @ecb and @Lagarde backtrack to 'governments must derisk green capital' single materiality that dirty capital has long lobbied for.

1000 words & NOTHING on decarbonisation of monetary policy, as if 2020-2023 was a bad dream
https://t.co/VghwZw2NSt

[Positive Money UK 🦋 @positivemoneyuk.bsky.social @PositiveMoneyUK]

Great to see reports Labour will go ahead with its pledge to re-prioritise climate in the BoE's remit, which will be updated alongside today's budget.

🧵Here’s why claims in this piece that climate is a ‘distraction’ for the Bank, are absolutely wrong

https://t.co/WXu8BVAehL

[Ellie McLaughlin @Ells_McLaughlin]

@PositiveMoneyEU @ecb Findings are also relevant for the @bankofengland, who are yet to announce plans to deal with the ecological impacts of their own collateral framework:

https://t.co/YWRbxHNDLP

[Ellie McLaughlin @Ells_McLaughlin]

Great work from our colleagues at @PositiveMoneyEU, looking at the climate & biodiversity impacts of the ECB's collateral framework��👇

[Positive Money Europe @PositiveMoneyEU]

🚨NEW REPORT!

Our study reveals how industries like agriculture & energy are both contributing to and suffering from #biodiversity loss. The 🇫🇷food & beverage sector in our study affects freshwater areas equivalent to the size of Majorca & land areas larger than Croatia.
🧵

[Ellie McLaughlin @Ells_McLaughlin]

@PositiveMoneyEU @ecb has committed to integrating climate considerations into it's collateral framework, but earlier this year delayed it's actions.

The report argues that: 1) broader environmental risks, including nature, must be integrated, and 2) the ECB has the data to act now!

[Ellie McLaughlin @Ells_McLaughlin]

I'll be in Liverpool next week with @PositiveMoneyUK and @WarOnWant - keen to catch up with people working on climate / finance / just transition!

[Positive Money UK 🦋 @positivemoneyuk.bsky.social @PositiveMoneyUK]

📢 We’re excited to be organising this panel with
@WarOnWant at Labour Party Conference, next Monday at 2pm.

Join us to discuss why & how we must deliver public investment at scale for a UK and Global just transition.

Let us know you’re coming 👉https://t.co/mt0kfyZosN

[Positive Money UK 🦋 @positivemoneyuk.bsky.social @PositiveMoneyUK]

📢We’re hiring📢

We're looking for a new UK Co-Executive Director to co-lead the organisation toward our vision of redesigning our economic system for social justice and a liveable planet.

Find out more about the role and how to apply here: https://t.co/zBUrk76c0G

[Positive Money UK 🦋 @positivemoneyuk.bsky.social @PositiveMoneyUK]

We were pleased to give evidence to this @LordsEconCom inquiry into the UK’s national debt.

But these recommendations would bake-in more short-termism into spending rules, when we urgently need to invest in public services and the climate transition.

https://t.co/zpTk2HZn7p

[Jon Silver @InvisibleMapper]

APPROVED
2,388 expensive apartments in 5 skyscrapers

Labour Party in Manchester are fuelling a housing crisis for developer profit.

Includes:
Peloton spin space, a dog spa, Mahjong Room, virtual golf driving range

Does not include:
Any affordable/social housing

[Positive Money UK 🦋 @positivemoneyuk.bsky.social @PositiveMoneyUK]

It’s great to see a global network of financial supervisors - the @NGFS_ - paying attention to climateflation.

Their new report describes the serious and unpredictable impacts climate change continues to have on our economies:

https://t.co/AvHpVifQwP

[NEF @NEF]

The government may be planning to hike social tenants' rents, to fund affordable housebuilding. But there are many ways to raise revenue that don't rely on tenants’ incomes.

Read our joint statement with @ACORNunion, @DCHcampaign, @homes4alluk, @Medact and @SHAC_Action

[Positive Money UK 🦋 @positivemoneyuk.bsky.social @PositiveMoneyUK]

"It's notable that Labour’s manifesto didn’t include a chapter on solving the housing crisis, but that the Party’s most prominent housing policies were included as part of the plan to ‘Kickstart economic growth’."

@Ells_McLaughlin on the real barriers to housing affordability 👇

[Positive Money UK 🦋 @positivemoneyuk.bsky.social @PositiveMoneyUK]

"UK government debt is still only half its record high. That was back in 1946, and that post-war debt was used to build our NHS".

🎧 Our @HanKD667 on @LBCNews with @azizlisa shared why today's deficit figures shouldn't stop Rachel Reeves & Keir Starmer from investing.

[Jason Hickel @jasonhickel]

"Waiting for capital to speed up decarbonization in line with the Paris goals is doomed to fail."

Here we argue that credit guidance can solve this problem, reducing finance to damaging sectors and increasing investment in socially-necessary activities.

https://t.co/Pp0ooJGQhs

[Ellie McLaughlin @Ells_McLaughlin]

HSBC just handed £3.7bn to shareholders ...

yet Labour won't reverse tory cuts to bank taxes and are instead opting to raise £1.5 bn a year from pushing pensioners into fuel poverty

[Positive Money UK 🦋 @positivemoneyuk.bsky.social @PositiveMoneyUK]

If Rachel Reeves is going to erroneously insist taxing is the only way a government can spend, she can start with the banks, which have made windfall profits from higher interest rates.

@HSBC's profit announcement today speaks for itself 👉
https://t.co/LTIOWij2Zj

[Laurie Macfarlane @L__Macfarlane]

The Abrdn Property Income Trust bought this land for £7.5m in 2021, pocketed £2.6m of public subsidies to plant trees, and is now hoping to sell it for £12m

Easy money if you can get it
https://t.co/fIyLocviEQ

[Ellie McLaughlin @Ells_McLaughlin]

Great line up for this event tomorrow in one of south london’s loveliest parks!

[People's Land Policy @plandpolicy]

Just over a week to go until London's first Land Justice Fair, Sunday 21st July @myattsfields! Stall holders now confirmed include: @cfgn_growers @FareFreeLondon @LDNgreenspaces @woc_gws @WomenStrike @HousRebellion @HousmansBooks @justspace7 @LandworkersUK @londonmining ...

[Ellie McLaughlin @Ells_McLaughlin]

"BlackRock will privatise Britain – our housing, education, health, nature and green energy – with our taxpayer money as sweetener."

[Daniela Gabor @DanielaGabor]

I've written about Labour's plans to rebuild Britain for BlackRock - not just privatisation of every day life, but a surrender of the social contract with citizens.
https://t.co/Ra88iKr5eG

[Andy Verity @andyverity]

Oh dear. 'The money isn't there. The money's been spent. Your own chancellor said that' (Starmer). When you're referring to the public finances in fiat currency economy, 'the money isn't there' is as economically illiterate as it was when Liam Byrne left his jokey note in 2010.

[Ellie McLaughlin @Ells_McLaughlin]

High housing costs are driving the cost of living crisis and are a key issue for the electorate - but Parties' policies are getting far too little scrutiny.

We looked at what's on offer👇

[Positive Money UK 🦋 @positivemoneyuk.bsky.social @PositiveMoneyUK]

⚡ NEW ⚡

Our latest election blog is up, and this week we take a look at what political parties have to say when it comes to housing 🏠

Levels of ambition differ wildly 👇

https://t.co/t9qeqRfsul