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Which way out of the cost-of-living crisis?

Which way out of the cost-of-living crisis?
newstatesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newstatesman.com Daily Mail and Mail on Sunday newspapers.

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UK finance sector donates big sum to political parties

Banks, insurers, and lobbyists in the United Kingdom donated 15 million pounds ($18.75 million) to political parties and gave more than 2 million pounds to lawmakers during the pandemic, highlighting the "oversized influence" of the finance sector on the British political system, said a campaign group.

River-thames , United-kingdom-general- , United-kingdom , London , City-of , Britain , British , Theresa-may , Sajid-javid , David-barmes , David-cameron , Treasury-department

City donations worth £15m raise concerns over influence on UK politics

Total donated to parties by financial firms and individuals tied to the sector over two years, report says

City-of-london , London , City-of , United-kingdom , Charles-stanley , Theresa-may , Sajid-javid , John-redwood , David-barmes , David-cameron , Jp-morgan , Positive-money

Bank of England warns climate risks to become 'persistent drag' on profitability

Bank of England's new stress test exercise suggests financial firms' profits would be hit

United-kingdom , Stuart-kirk , Sam-woods , David-barmes , Deloitte , Climate-biennial-exploratory-scenario , Positive-money , Hsbc-asset-management , Tuart-kirk , Eloitte , Bes , Sbc

Bank of England strengthens climate requirements for corporate bond purchases

After facing much scrutiny over the climate credentials of its Corporate Bond Purchase Scheme, the Bank of England has published a roadmap for aligning the Scheme with net-zero by 2050.

Germany , Paris , France-general- , France , United-kingdom , British , David-barmes , Environmental-audit-committee , Bank-governor-andrew-bailey , Climate-bonds-initiative , Prudential-regulation-authority-of-the-bank , European-investment-bank

COP26: UK firms forced to plan for low-carbon future

Companies will outline how they aim to meet the UK's 2050 net-zero target, under government rules.

United-kingdom , Robert-plummer-beth-timmins , Shaun-spiers , Kay-swinburne , David-barmes , Ben-caldecott , United-kingdom-centre-for-greening , Green-alliance , Chancellor-rishi-sunak , Transition-plan , United-kingdom-centre , Greening-finance

Rishi Sunak's green finance plan won't stop dirty money circumventing net zero rules

Rishi Sunak's green finance plan won't stop dirty money circumventing net zero rules
newstatesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newstatesman.com Daily Mail and Mail on Sunday newspapers.

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Government unveils fresh climate risk disclosure rules for large firms

UK set to become first G20 nation to enshrine mandatory TCFD requirements into law from April 2022 in move that is set to impact 1,300 businesses

United-kingdom , Glasgow , Glasgow-city , Paris , France-general- , France , British , Greg-hands , Chris-cummings , David-barmes , Unilever , Tesco

As Disasters Mount, Central Banks Gird Against Threat of Climate Change

From the Bank of England to the People’s Bank of China, monetary authorities of the world’s largest economies are gauging how climate change could rock the financial system. Though long committed to being “market neutral,” some are even starting to push greener investments.

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In Bolsonaro's backyard, Brazil central bank pressures banks to hew to greener line

In Bolsonaro's backyard, Brazil central bank pressures banks to hew to greener line
financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.

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